Doing it as a wiki (with searching and cross linking) would be fine, but preferably not with ads, and I'd still want a way to download an offline copy.
The IGB includes a lot of code-dived info and an improved interface, but it tends to cause controversy so I don't suggest that as a starting point.
If anyone's thinking about it, don't wait, just do. Actions speak louder than words. If multiple people start making an effort, just combine with them
ADOM, where the most commonly used letter in the alphabet is the explosive rune. - starfries