First off, this should be in the lab. Secondly, do you know how much database room that would take? If you could show it to friends that would be one thing, maybe you could have trophies like badges (including stuff like beds etc), or maybe it could be crown items. I mean badges are rather useless as they are, mainly because a given badge is only meaningful to those who have discovered it, and therefore the only useful one is the 'No Title' badge, as it gives your general level, though that of course means nothing in itself, it does state at least what level spells you'll likely be using.
A little bit of thread drift here, but as for the No Title badge, I prefer to use this one as it tells other people what school I am. If I know that someone else is the same school as I am, I can give them an extra school-specific blade i might have, or i might cast a global that affects my school because i know we'll both get the benefit. Although most of the time you can tell by the color of clothing people wear and which traps and blades they're casting to tell which school they're in, so of course the title is not necessary! :)