1. How big is ESP8266 BASIC?
2. Where is it stored?
3. Is it native code or running under a parent OS?
4. How big is the File System Buffer (LUA=1024)?
5. Can you random access the filesystem (records)?
6. Can you serve HTML pages from the file system?
7. Can multiple clients access the same HTML pages?
8. How big can a string be?
9. What is the resolution of the timer?
10. What is the longest duration the timer can run?
11. Is the timer accuracy and performance affected by WiFi and HTML processing?
12. Is the event processing recursive (i.e. process multiple requests at once)?
This looks promising. I'm looking forward to experimenting with it.