"Thank the nine Martin Septim single handedly defeated the massive hordes of deadra with no help from anyone! If it weren't for him we would all be dead." -Over heard from a citizen of Tamriel (Oblivion)
"I once saw a mudcrab.... annoying little creatures" Overheard from a few hundred citizens of Cyrodill in the lat 3 era (Ala Oblivion)
"Rumour has it there are dungeons full of dragons, of course very few people search for them" (DnD reference)
Like others have said, I'd rather just have lore, interesting facts etc.
I'm of the same thoughts. I would rather the game's UI not be trying for a laugh, and just stick to straight laced formal information; Interesting stuff would be best though.