Now, see, this is the kind of response I was looking for. Yes, do it! It'll be awesome! It's great motivation to write, an achievable goal, a social experience, and an excuse to write really really poorly and still feel great about it! It's frikkin' sweet!
Plus, and frankly this is 4/5 of my motivation, if you do it and finish then you can call yourself a novelist for the rest of your life! HOW PHAT IS THAT