There is nothing in the code that prohibits installing a fuse panel or aluminum wire today as long as you use the new alloy wire CO/ALr devices and S adapters in the fuse box.
Getting an insurance company to cover it will be another deal.
Where are you going to find AL NM cable? From what I have heard nobody is manufacturing it & although one can find stashes of NOS (New Old Stock) AL NM, it's not 90 degree C insulation so it could not be be used IMHO. I would think that AFCI requirements would have made a fusible panel a no-go in residential applications.
