It's good to see someone's continuing this one.
I suggest you repost or rewrite the early chapters of this fic. There have been so many in this bet thing they've all become fairly muddled together. As for the story it looks fairly good. Rough, but OK.
The one really big problem I see is Cologne. She managed to beat Ranma. This is very reasonable. However, given that she is going to share the very impressive wealth of her knowledge with Ranma, there is no way Ryouga would last five seconds against him. The only way Ryouga would stand any chance at all is with a similar souce of ancient wisdom. maybye Happi, but why would he get involved? Ah well. If you can make it work more power to you.
Other than that, there is a lot of room for character development and interaction, and I do hope to see more of this lovely story sometime in the (near) future.
Paul
-May His merciful shadow fall upon...ME!
A very obscure but wonderful little series.