As anyone running a server can tell from first-hand experience, there are bots trying to constantly brute force their way through with commonly found usernames over SSH.
A friend of mine created a number of accounts with these common usernames (with the exception of "root"), gave them extremely weak passwords, and attached them to a fake shell. The fake shell is not functional in any way: it just displays some canned responses resembling a very broken system, and logs the user-entered commands into a file.
Assuming that this fake shell does not have any security vulnerability by itself, what could be the possible dangers of such a setup?