I think the iris is placed between lens elements because that's optimal for controlling light. Typically the front element(s) gather and focus light to the rear element(s) which disperse the rays to cover the frame. An iris in between acts as a gateway without impeding that dispersal. A behind-the-lens iris would act as a choke, not an optical diaphragm. A choke that closes down to any extent would cause vignetting and probably diffraction.
Try it: Cut a plastic disc, punch a little hole in it, place it just behind a lens, and see what happens. Actually, I have a project in mind that does just that. I got a small batch of Ilex Paragon iris assemblies, real cheap, for 5.5 inch f/4.5 enlarger lenses. I'm trying to find some glass (or plastic, I'm not choosy!) to set in there -- maybe a projector or copy lens. That should be fun!
EDIT: Yes, some interchangeable-lens cameras have the iris and shutter inside the body. But I think the interchangeable lenses are front elements only, with the rear elements behind the mechanisms inside the body.
EDIT2: Further reading shows that they're called FRONT CELL SYSTEMS. The Lens Collector's Vade Mecum says: "In the 1950's several makers designed systems where the front components were exchanged to alter the focus..."
Last edited by RioRico; 06-27-2011 at 09:56 PM.