Through 1 method or another it will work. Either through granting epic spellcasting power by which ad hoc adjustments allow anything and thus my combo works (thus an existing effect) or more broadly by the fact that the words "Create a magic item" do not specify an existing magic item and there is such a thing as the custom magic item creation rules which therefore mean that items and effects not listed may be created. Furthermore, the only requirement a DM could request is an unlimited amount of XP to create the item you request but you may safely ignore all other prerequisites by the wording. You have an unlimited amount of XP to work with as it doesn't require any for the Sp ability. This means that because the only limiting factor is not a limiting factor there are no limiting factors on what you can create by RAW.
The ability always lacks an XP cost altogether.Originally Posted by SRD
No XP cost, no limit magic item creation rules, and the only limiting factor that the DM can request is XP mean no limits on what you can do RAW.