Just like to say well done to LoloMo for creating the, 'History of Perpetuality' thread. This will be a excellent way of people who are not in the game or those who get knocked out of keeping up with events should they wish too.
I have one suggestion however, being restricted to 1 post which you keep editing with your story is a excellent idea. However this will mean the thread will slowly sink into the graveyard when no more posts are added. So I suggest when anyone updates there story to add a new post with 'bump' and once it takes it to the top of the pile, just delete that 'bump' post.
This will keep the thread noticable and not make it messy, keep having those good ideas LoloMo...
