Seems like a quick and simple system for running table top games on the fly. I think it probably lends itself more toward one shots and convention play, but this may be because I do not care for killing and replacing characters often in my long running chronicles. But if you are looking for something quick and fun that may run once or twice I would give this a go.
Warning: If you are a GM that is big into writing story and worlds, the Keeper section may be a bit off putting. It seemed to both complicate and over simplify story building as well as discourage tinkering with the system. This also played a part in my assessment that it is likely better suited to short term runs.
I am contemplating running this at a con in November.
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