Hehe, sounds not bad at all, on the first glance.
However, if you take that route, you'll never establish a good relationship with your kid. This would be something like just giving up and saying "ok, I'm a failure, I'm a worthless little maggot, and I don't even care, it's fine with me if my kid grows up to become a criminal, I'm too lazy to even try to bring him up as I should". I suppose this is a perspective one probably can't realize without being a parent, it really changes the views about many things. :-)