Hmm, not entirely sure about the idea, but I couldn't resist commenting on a few things.

First and foremost I'd get rid of "Pasu no Kami" since that's butchered Japanese.
'no' is the possessive of the word before it, so it actually says the "Path's god" (as in the gods belong to the path). 
If you really wanted to include Japanese I'd suggest sticking to the familiarized 'Bushidō" (Warrior Path), changing that to "Kamidō" and I suppose "Akumadō" if you wanted to use Japanese for the demons too. But again, I think it'd all just be simpler if you used english since most people who join probably won't be familiar with Japanese, and frankly won't care xD

[hr]

Nitpicking aside, I'm a bit curious as to what you mean by gods and demons?
Are you adopting the mono-god approach of Christianity, the pantheon gods approach of Greece, or the Japanese god approach 'the yaoyorozu' (literally 8 million gods). Where gods can be found everywhere? 'Tochigami" for example are gods that oversee their own domain, while some mountains (usually the larger ones) have individuals gods that represent them.

A similar question regarding the demons. Are you referring to western demons, as in the horned little red imp men that poke you with forks?... xD Or are you thinking more along the lines of Ayakashi; Japanese demons which aren't necessarily evil as ayakashi, apply any supernatural entity (that isn't a god). Mainly curious about this one since it'd change the entire demon path depending on whether they're inherently evil.