Yup, this is entirely correct. Learned that the hard way. Vastly so, with such weak basilisks constantly arising from random noise in the memepool, while even knowing how and having all the necessary ingredients a Eliezer-class mind is likely needed for a lethal one.
Great practice for FAI in a way, in that as soon as you make a single misstep you've lost everything forever and wont even know it. Don't try this at home.
I was very interested in the discussions and opinions that grew out of the last time this was played, but find digging through 800+ comments for a new game to start on the same thread annoying. I also don't want this game ruined by a potential sock puppet (whom ever it may be). So here's a non-sockpuppetiered Irrationality Game, if there's still interest. If there isn't, downvote to oblivion!
The original rules:
Enjoy!