Time machine creates a complex database from the backups made on the same drive over time. because of this:
Manually intervening in Time machine backups will Destry the database, rendering your entire backup SET useless. DON'T DO THAT!
You can already re-create the state of you Mac as of any date still continued in the backup set. You use Time Machine.app (not to be confused with time machine control panel) to do that trick.
navigate to the folder or drive you want to see re-created and choose 'Enter time machine' off the time machine menubar icon.

The current state is shown in the front window, with older versions receding back in time.