Here's a few things to consider.
As we know, the profile wiki has always been the unofficial but popular wiki site to create profiles from existing templates, or even brand new ones. But if this becomes acknowledged as the site's official wiki, what comes with that? Consequences of harassment or banning come to mind at first. Like, if someone is temp banned or permanently banned on the SL and/or forums, would they be banned from the wiki as well? I understand that access to one's intellectual property could become an issue if they can never access it.
Also, do we have anybody that is proficient at not only coding with HTML and Wikitext, but also image editing as well? Knowledge of both are also a required skill for editing SVG files. A an open-source program like Inkscape helps with that if you can't afford Adobe Illustrator, and it's available for Windows, Mac and GNU/Linux distributions. But even that program takes a bit of practice to use.
https://inkscape.org/en/There's also the hound-dogging we'll have to do to ensure that all pages that have been copy+pasted from the Naruto Wiki are tagged accordingly to acknowledge their original contribution source, since we almost got into a bit of trouble a while back because we weren't before. That's why the <AN> tag was made. The copyright and legal stuff gets pretty deep in certain cases such as images used from the manga, anime and other official productions from the copyright holders. Especially with the TPP having been a very hot topic in which it can actually influence whether or not we could use them, or even have a wiki at all. We would have to be kept on our toes on any sort of DMCA notifications the Naruto Wiki receives, since that can also apply to us as well. Jimmy Wales can only rely on the current copyright and fair-use laws so much.
I'm not trying to sound skeptical, but Yumei had to learn a lot to make the wiki how it is in the first place. We've only been thinking about how great it would be to be in control of it, but we've been glossing over the responsibilities of running it.