I actually did that one time, to an analog FM radio. It is probably more work than it is worth for you.
You can hear nearby aircraft, but the strongest ones may drive the receiver into limiting, blocking the audio. The weak ones are difficult because the receiver front end doesn't tune the air band that well above 118 MHz. The oscillator can be unstable and drift away from the stations you want.
I would suggest not doing the mods, and instead try to work a deal with someone not requiring a card. If someone can send you a radio in the mail it is probably much less frustrating. Paypal or its equivalents ought to be okay.
Ha! I've been in the airspace there a few times, using the callsign "Jackpot" from Macau.