I'm sorry Peredhil and Arwen, but after discussing this matter, we've decided it is something we cannot manage to do here at this time. Bilbo's Study was formed as a room specifically for teaching, and this is how we would like to keep this room. We feel that if this room was opened up for gaming, there would be occasions when our lessons would be interupted by people going there looking for games.
Similarly, with the Tolkien chatroom, a lot of people use it for just talking to other members or for finding out how to do things around the site. It is feared that ongoing games in here would make it difficult for other members to chat.
I'm afraid opening another room is not a viable option at the moment either. To maintain our reputation as a friendly, family site we like to keep our chatrooms well moderated. I'm afraid, after discussion, none of us can commit any more time to doing this (most of us on the Council are already spending in excess of 4-6 hours a day here, which in addition to our jobs doesn't leave a lot of time for extra projects that would require a large commitment of time).
I'm sorry this is not the answer you were hoping for. I like the idea of an online roleplaying game as I spent many years lost in the world of Roleplaying myself, but this is something we cannot manage to achieve here.
I know you lose that spontaneous "live" feel, but we do have several "roleplaying" type games running in the Roleplaying guild at the moment. If you could use any of those to suit your needs (or start a new game afresh) you are welcome to use them.