I like this idea, you could even push the limits by adding bias based on the characters background. Character A with 2 dots in Lore knows paragraph 1-3 however it's flavored with some misinformation or down right falsehoods taken as fact.
I think my most unfortunate (read hilarious) character was a level 14 Human Bard murdered on stage by a successive string of critical Perform skill failures. This characters shame was further compounded by his party's druid Reincarnating him as a Troglodyte...
I played him to level 16 as a...
New member investigating for a possible regular group, I have DM'd on a similar site in the past. I am familiar with 3.5, pathfinder and 4e D&D and look forward hosting some games in the future.