Paradise Poker Hand Histories sans Email

I'd like to ask the opinion of the fine folks that frequent these boards.

What would the implications be if, hypothetically, someone were to develop an application to monitor a Paradise table and generate hand histories on-the-fly?

Would this be against the TOS of Paradise? If not, would it be frowned upon? Paradise apparently has some reason for not implementing it themselves.

Should such an application be released or kept under wraps?

Veracious