I used to have a skirt like this and I'm thinking you could get a similar look by just using box pleats. Depending on how long you've been sewing, the godets would be a pain to cut out and sew together (ie lots of little pieces). Unless you wanted to use denim, in which case the box pleats would be a bit to bulky then.
You could try something like this vogue pattern: http://store.sewingtoday.com/cgi-bin/voguepatterns/shop.cgi?s.item.V8255=x&TI=20018&page=2
but instead of just sewing the box pleat at the top, you would sew it down for the top third of the skirt, and not press the pleats so that the bottom then just looks gathered, not pleated like in the vogue picture. Hope that helps some!