I'm not sure I don't like this idea.
Here's why it may be a good idea:
Every character is not going to be an Irpel, Calandra, or Helmsley. So why would these non-hall'o'famer's send out notes about their going ons and what not?
Sure, they could send out a bunch of notes through herald. "So I went to Ofcol today, to see if I could get Diana's sword. She plagued me and I died. However, at the pit I met so-and-so cleric who swayed my path to that of Anume! I've soooo forgotten about Valganti now, jeez. what a chum?" Who would care? I'd imagine some people would get pretty pissed with reading all these notes.
I agree, Pie, that character development is done in game. But what's wrong with keeping track of it 'outside' the game? I haven't seen anything like this on any other mud, so this may be a great idea.
What does FL offer that no other mud does? Yes, FL is the best mud, but I've seen muds with quest races, quest classes, quests, and all this jazz. But what will bring in new players is not just doing what others do (and doing it better than the others) because at first glance you don't know that it's done better here. What might is some outside the box thinking and some neat things. (such as this idea).
I'm not sure of it's possibility, but maybe having it set up where character's above a certain level have access to a database with their current character name/password? They log in, update their "journal" and then let it be. No one has to read it if they don't want to.
Another reason this is a good idea: Quest race/class applicants can keep journals. That way, if the Imm incharge, or any Imm I guess, isn't around when they do things, they could keep a journal of it. So, Malch get's this app from a demon wannabe, and heads off to check his journal. Lo-and-behold, theres a page of information about things this guy has done. And all done in the RP sense.
I dunno, the more I read this, the more I think this is a great idea...
a-g