I doubt any book like this will be allowed under 4e. This seems to be the type of product that gives dungeons and dragons a bad name. I'd even go as far as to say that if anyone tried to come out with it, they'd be tied up in legal monroe for a long time. I've met people who wanted to play that game but it never seemed to be an acceptable playstyle to me.
Take ghettopoly stripopoly, games some small company decided to come out with for adults. Hasbro shut both of these games down quickly, even stopped a shipment traveling over seas. This happened despite the hundreds of variations that are allowed to be produced all over the world.