What on earth is reality-based romance? Galley Cat answers your question. It's a fictionalised account of a real life couple's romance.
It feels voyeuristic to me, but then, I'm not a reader of true confessions magazines, true crime novels or a viewer of spill-your-guts TV.
Will RB Romance take off? I think so. There's a market out there. People who want to be reassured that romance and happiness is real. Possibly an economic downturn is an ideal time to launch.