What is the likelihood, given the polarization (politically and geographically) of this nation that 34 states would agree to create such a convention, given the possibility for mischief (as mentioned above) that would entail?
Can a convention, once called, be limited to only the specific purpose specified by the states? So far, 28 states have called for a convention to impose a balanced budget. Since a convention has never been called before, it is impossible to say what authority it would have once established. And by what vote would the amendments be recommended to the states? Article V is silent, but it requires that two-thirds of both the House and Senate vote to submit amendments to the states. So would the convention submit amendments to the states by a simple majority or by two-thirds majority?
And even if that were hashed out, what are the chances that 38 state legislatures or conventions would ratify the amendments?
I think it's an interesting "what if?" to contemplate, but it seems fraught with too many difficulties, ambiguities and even contradictions to be a serious project. But it sure works people up.