actually, it would be other RP.
Which makes it less likely to live.
Just a quick idea i came up with.
Also, you would start off as just an avereage person, not a peasant, but not a nobleman either.
If you make bad decisions (IE: you gamble loads and lose all your money) You would eventually be lowered to peasantry, but if you became a famed adventurer, you may conquer a new land and gain kingship.
I guess I would have to limit to around maybe 2-3 parties of people at a time, with a maximum 4 in a party, minimum being a soloplayer of one.
However, the signups would stay open, so if one person dropped out, they would write a finishing post of thier death, leaving for other travels or abduction by aliens.
After that, another spot would be open for a traveler to come to the main town and join a party.
About a spoof, I though maybe something with an extremely feeble plotline, just to mimic some of the more annoying plots eg: You must gain all 5 destiny shards to fight the mega-dragon who is evil and is gonna destroi the Universe! ONOES!!!!!111one etc.
Also including crappy maps, stupid items eg: invisible shirt of manliness XD and generic monsters.