Sounds feasable.
If you write it into the script, you would have to have it check for a version number at www.site.com/version.txt and then, if theres a new version, you'll probably need a file to file breakdown of what needs downloading, i.e.
index.php www.site.com/scripts/index.phps
so that it knows where it is going, and where it is coming from.
Also, what if your friends have modified any of the scripts, maybe added any mods? That could become problematic when updating.
Good luck with it anyway, rofl, and I may even encorporate the idea in my next script 😉