I think its a goo idea. cool place for a tat. although i wouldnt want to get it in that font, i would go for the fancier writing, but of course up to you.
If you did go for a different font type, one that is thinner, then it would work better, but may need to be slightly bigger.
And in response to the Knighthawk, he was asking for people opinion on whether the tattoo would work in that size etc, not on the words.

Have fun getting it done, hope it all goes well :]