yah, that's a really cool idea. Maybe also have something to balance it, Like give there a chance that if there are a certain number of good players, the Precursers will spawn in equal numbers and fight the Dread lords. Precursers wouldn't attack Dread Lords to help a galaxy full of evil guy's, but they might help those who are good. Or it could be a stargate SG-1 Thing, as a random event: Evil Ascended dreadlords have founded a religion and are controlling a miner race, giving them the technology to build Extremely advanced ships. they have already constructed a fleet and are beguinning to attack as we speek. (maybe just give ships and advanced technology to one of the major races, but make them go to war with everyone even if they're allied or have high relations.)
Good, You are given some bonus's by precurser's who've ascended to another plane of existance, but won't help you materially,
neutral, you get nothing, but have a chance not to be attacked at all,
and finally Evil: Attempt to ally with the dread lords, giving a chance for heavy bonus's and not being attacked (for a certain number of turns before they backstab you, giving you time to build up your forces for it)
That would be fun. but if not, then yah a gigantic invasion would be cool.