Well lots of people like to make stories on their profile and there's only a 8000 word limit. Maybe increase it?
As pokemaster once said the about me section was only ment for a user to express opinions and state a few non private facts (for example Blobyolo- About me- I like fishing, dancing, snowbording, pokemon and ponies "Not all true") Why people write stories i do not know (Yes may may enjoy writing stories) but this suggestion is not needed. Stick to the basics of Hobbies, friends on site, a team or two and other rubbish you may want us to know. In the future pokemaster may make a forum section as he said he was considering it a few days ago. If your that desperate you can make a thread dedicated to stories where people can get their stories rated. Otherwise find a website that you can write your story on and then post the link on your website section or in chat. Also these tags are unesscasery.