I think I should. I think I should do this with my craziest friends and see what comes of it. Maybe word of mouth will get us the requisite numbers to make some money. Maybe we'll just at least have what we wanted for ourselves. Why not, right? It's like zero overhead. Thanks for your encouragement.
I just moved to Singapore a few months ago and have just gone through the (very efficient) motions of registering a business. I am still toiling away at the day job, but send me an email if you are interested in further discussion. My address is in my profile.