To me this would be a horror. By going into all the details the gameplay would slow down to a crawl. Time required to do a mission would approach the time it would take to do a mission in real life. I would be very hard to get any sense of progress in such a game.
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Personally I hope FPS in Elite goes the same way as the offline mode. I'd rather FDEV spend their time on more/better story lines that I can pick and choose from to blaze (not crawl) my own trail including game enhancements to support that (like The Engineers). (Oh, and fixing bugs of course.)
Progress in what. Surely you do it because it's fun.