Think of monk kinda of like the 4 elements from avatar. They bend earth wind and water right now those being Niazo, Xuen and Yu-lon. The only one left they have not bent is fire which is the element of Chi-Ji. Chi-Ji represents the hope of the flame on Pandaria such is the reason that the Chi-Ji monks use fire based chi spells (on the island of Chi-Ji.
Flyingflame would be the spec name I choose for this spec. It would use fire based chi abilities and a flame burst to build chi with. the biggest problem I find here is finding a suitable AoE you could make them be in melee for AoE and do a flaming sinning crane kick but I don't think that would work to well.
Personally I would love to see it but I wonder if they will do it because it screams fire mage I would almost rather them do a melee Chi-Ji spec. Where you are using the flame of chi-ji to burn your foe's while you use your martial arts to take down the target using abilities of flame inside that rotation.