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I definitely want to do a choose your own adventure type of interactive fiction/game. The details are still a bit fuzzy.
A science fiction story line would probably be the most fun for me.
As far as images go, I would probably just draw stills in Microsoft Paint. I do have a Wacom tablet, though, so that might be fun to create quirky little pictures with.

It might also be fun to create a labyrinth/maze of some sort to use as the basis of the game. In that situation, I could design the maze with monsters and other obstacles. The players could then choose which way they wanted to go( forward, backward, left, right ) based on the map. If they hit a dead end, they will be forced to turn around. If they run into a monster, they can decide to fight or flee. Some monsters will be invincible, and other monsters can be conquered.

This will make the project both a game of strategy and a game of chance. Both are always fun!

The monsters/obstacles will also keep the game from being too easy. This way, the maze will first look fairly simple to navigate, but will become more complicated as the players encounter monsters. The player will also need to rely on memory to keep from running into the same monsters.

frustrating or fun?
I guess we'll find out.