Wow, this would be great if we could use regular paper. BUT...
Very small font (0.5 or less) may be possible with some laser printers but not all, probably isn't available with ink jet because of bleeding (unless you use SPECIAL PAPER we are trying to avoid).
Erasure requires either ink jet which does not bleed but back to previous paragraph or laser with SPECIAL PAPER.
The other things appear doable and probably a good idea anyway, although it may require a drop down box rather than fill in box which I do most of the time currently.
