That sucker will just never, ever lift off. We all know that air flow across a wing creates lift, right? If the plane is sitting still, with relation to the air, on the runway, the only air flow across the wing is the wind from the prop. We need a bunch of air flow on the rest of the wing to create lift enough for the plane to leave the ground.
So, what happens to all that energy the engine is creating if it doesn't result in lift on the wing?
Friction in the tires rolling on that ever increasing speed of the conveyor belt runway, not to mention the bearings inside the hubs. It's a neat topic for speculation though.