Faux Facial Hair: Preserving and applying natural.

I've found, even on the world wide web, information on the topic of creating and caring for fake facial hair is very scarce, so I decided to actually register for a hair forum and ask for advice.  Hopefully someone knowledgeable in the ways of wig making or perhaps just a general hair professional can help me with a few problems I seem to have.

You see, I am trying to create fake facial hair for theatrical purposes, and I was wondering....As an alternative to buying expensive *human hair, or kinky canicula and crepe hair, is it possible to cut off my own real hair (a good length) and use it as application for fake facial hair?

One; it would look real (since it is real, and two; it matches the color and type of my actual hair.  My concerns come to matching the texture of facial hair however, as I am not actually sure how real hair (donated for theatrical uses as facial hair) is textured, and I am not sure what the proper method is to sterilize the hair without damaging it.

Any and all information  and help on this topic would be greatly appreciated.

*http://www.ehow.com/video_2376830_choose-fake-facial-hair.html

There are no chemicals you can use to preserve it?

With a good understanding of biology and chemistry I believe one can make some kind of solution that will do it.

Isn't hair dead anyways, even while it is still on one's head?