Yeah, but it can be done once a year (or when Mur or someone else feel the need to). This way the active players are rewarded (symbolic but for some might worth more then something real like crits and such).
I don't see it as a player log. I see it as something more.
As for that "watch out" well...I am laughing my a** off right now. How much do you care for the opinion of someone who means nothing to you? Yes, if bad words are used I agree, I will probably feel offended but not by something someone says just to get revenge (I am immune to that sort of crap cause of the long history of ME getting my revenge ).
It would be something that can be done during festivals or I don't know...important events...
Aaaaand I will stop cause right now I find ideas just for the sake of contradiction