I think having both is certainly optimal, but I'd much rather have a good story than no story if I have to choose. I also think I have a bit in common with ShiningRadiance in that asserting dominance is a major turn on. I've got a bit of experience writing and wouldn't mind contributing at all. Previously, I had some aspirations towards writing some events out, but was convinced it would be better to wait until the event system actually worked.
Anyway, I'm not really a programmer at all, and even the old event system was a more than a little confusing to me, but if you'd like someone to simply write up some story elements, I'd be glad to contribute. I'd like to end up writing some events as well, especially if someone could actually work with me to get the coding side committed properly. If someone wants to point me in the direction of something that needs to be written, I'd be happy to knock out something to show what I can do. (Looks at DocClox as the person who would know best.) <_<