I just started one about an hour ago:
Game: White
Badges: 0
Location: Route 2
Rules:
1. Pokemon that faint are considered dead
2. You may only catch the first Pokemon every route. Don't get it = Too bad
3. You may have an HM Slave that doesn't count as the first Pokemon and doesn't have to be the first Pokemon
4. You may use Gift Pokemon even if not the first on the route
5. In Game Trades may be done only if the Pokemon that I trade is the first I encounter.
6. No duplicates
7. You can use Revives, but only if found in the wild. You may use the Pokemon but not for the next Gym Match
8. You may buy 1 Revive for every gym you beat and your Pokemon will not be handicapped.
9. You may use Rare Candies you find to revive your Pokemon.
So I started the game. Chose boy and named him "Vast." I chose Snivy and named him "Serpex." I did the beginning stuff and went to Route 1 where I watched Juniper catch Patrat and I found a Patrat.
I caught him and named him "Watchy" based off of the Unova TV show "Watchy Watchog." I was going to use him but I chose to use him as a spare instead. I just left him on my team incase Serpex died. I trained Serpex to Level 8 and moved on to Accumula Town.
In Accumula Town I did the Pokemon Center stuff with Bianca and Juniper and I bought some Potions and Pokeballs. I went outside and watched Ghetsis talk about Team Plasma. I battled N and Serpex beat his Purrloin.
I went to Route 2 and got Running Shoes. I found and captured "Rover" the Lillipup. I trained so that Serpex was level 9 and Rover was Level 8. I fought the fist youngster on the Route and Saved my game.
Team:

Serpex (Level 9)

Rover (Level 9)
Spares:

Watchy (Level 3)
Dead:
None!
***UPDATE***
Game: White
Badges: 1
Location: Striaton City/Dreamyard
I made it to Striaton City. I went and got Panpour and named him "Splash" I challenged the Gym. I sacrificed Watchy and he died. Serpex and Rover died to Critical Hits in the gym. I am going to use the "Revive Rule" since the next Revive is in the Dreamyard. Splash beat Chili's Pansear.
Team:

Splash (Level 12)
Spares:
Dead:

Serpex (Level 11)

Rover (Level 12)

Watchy (Level 3)