I'm not going to say anything positive about it. I'm not going to hate on it just 'cause it's about someone who is less sympathetic than Loki from what we hear. I'm going to view it like the occasional random ship fic I'll come across -- it sounds unlikely and potentially horrible at first glance, but if an author manages to write the hell out it, it can be awesome.

So I vote to wait, poke it with a stick, and check out fandom's response before judging.