Life
Oh yeah, that old game. Played it.
Hey, you guys hear something about a sequel? Heard it was coming out... Oh, about December 21st 2012?
I've heard it was a hoax.
It could possibly exist, but it's been in development hell for ages, and possibly went through many beta stages. Last one most people can recall was that the game suffered a flood detection fault and to make matters worse, the rain just wouldn't stop, and essentially crashed a majority of the server after 40 days of looking past it, assuming it was a feature; end result severing almost every account in the process, except for maybe a dude and his clan hoarding animals on a wooden battleship or ark megaproject.
As for the original game of life, it's nothing like it's board game counterpart. Essentially I think the board game is an abridged version with a more optimistic outlook on how others play (too easy to gain money in that version, and you're railroaded into getting a family/kids far too easily and early). The non-board game version, there are too many griefers when it comes to obtaining social relationships of most-all natures; I mean, ever try gaining experience for dating skill or charisma enhancement perks? Harder than getting a scholarship or a lucrative job to gain great income. The "Ladies Man" perk really helps in this regard, but unfortunately, it either requires starting with really high charisma and a 1/100 chance of getting it if you are that high (that is, to start with the perk), or a metric shit-ton of experience, which already is nintendo hard to obtain on it's own.
On the plus side, if you start the game within a sizable clan, sometimes it's easier to get past the tutorial levels early and gain a few skills/perks faster than others that start solo or with a few team members (thanks to shared XP gain). Then again, you also have to deal with your teammates and their habits and whatnot within home base for a couple/many/several years. It also helps if the originators of the clans have also done a good job maintaining it through all the generation cycles. You'd never put much thought into the Clan level as a whole if you're thinking of yourself entirely; but you'd be surprised as how a single member can compromise the entire clan just by being irresponsible for even a moment. Again, not too many people look at the bigger picture like that.