I used a similar system in the Naruto RP I briefly co-GM'd and it worked pretty well there and in Gunpowder so go for it. I would definitely allow for some customisation though the same as I have done with GP.
I mean obviously there'll be positing on fighting and reactions, but how will the plot progress? Will it be sandbox, chapter-based or a hybrid? Will characters be assorted into squads? That sort of stuff.
Kind of Chapter based with loose freedom, between the Exams, like the Forest will be more freedom based. Yes, the people will be grouped, I'm slightly unsure in how to squad them.
From what I understand the plot only last about as long as the exam, which is already quite long.
Although you'll have to see what Aqua says.
I have a little subplot throughout and after the exams you'll resolve this subplot.
I think it'd be pretty cool if we were put in squads of 3 like in the anime, and we worked from the academy up to the end of the chunin Exam. Even though it would force interaction, I don't think that would necessarily be a bad thing :P. We'd adapt to our squads writing style and it could make for some epic JPs
Yeah, I'd like to know how I could pair people up, random? Writer/Player Preference? GM Preference? Character Preference?