If conductive metal such as tungesten wrapped in titanium was used in place of the metal tape, a strong current could be ran through the blades that would actually glow super hot and be able to burn things.
Better yet, if the same tungsten / titanium blades were made in a circular pattern that extended and retracted and a current added, one step closer to the light saber.
In theory, sure, but that's not gonna be much help for people who want to cosplay or stage-fight with it.
And what do you mean by "a circular pattern that extended and retracted"? If you mean a solid cylinder, it'd be hard to make that extensible. The principle here , I gather, is two flexible hemicylinders (or more than hemi) that wrap around each other as they extend. The trick is to make them flexible enough to roll and unroll, yet rigid once extended. Maybe a telescoping support rod in the middle?