First of all, Zukeenee is right, player RP =/= Disco cannon or lore even. Technically it may be best referred to as dogma, but now I am discussing semantics.
So, as for doing the writing that would be a decent amount of work as we would have to take submissions, evaluate what is worthy, make sure we have the whole story and we arent gonna piss off a bunch of players who disagree, and try to avoid any perception we are playing favorites. That alone is a fair amount of work.
Now for the technical part. Both FLhook and the updates have limits. The auto-update feature actually doesnt work for everyone. I would explain why but it's terribly technical and I have no idea. In fact I'm not sure if anybody knows exactly why. As for FLhook, I'm sure this comes with it's own set of complications and limits. I would guess that to do something this regularly there would need to be new code. Currently there is exactly one person with the ability to do that, and he has a lot of projects on his list. Also the amount of changes that can be FLhooked is limited, this might make the idea not work at all.
Freelancer Crossfire has an updating system. Every day they update the economy or news. They have a constant news article in every bar called like "Galactic news" which they just change the text of.
I would love for consistent and fairly frequent news updates, just to see whats going on around the Sirius sector, it will make victories feel more triumphant if they're posted on the news, but for instance, don't have Hessians beat Corsairs news on corporate bases etc, lawfuls don't really know alot about whats going on in the edge worlds. :laugh:
Dream Theater - "Sabre120 and Jongleur officially win. That is all."