a $100 capture card will still look good.
Not particularly the case. The big issue with having Wile E Jaguar record it is that he has an HD PVR (which are around $200, for the record), and every other match is going to need to stand up to that. If there's inconsistent quality throughout one card, it's going to look kind of... Unprofessional. Still, I'm sure we can find SOMEONE with an HD PVR on the PS3 side, especially if we're aiming to launch this in two weeks' time. That gives us all the time in the world to get this off the ground.
Also, while this decision isn't up to me, I don't think we should have console-specific commentary. I think the beauty of an event like this is that it does away with the split between PS3 and 360 players, since we can all be on the same card under the same circumstances. I'm okay with rotating commentators or having Shady and I take turns sitting off when we have guests, but I don't think commentators should be confined to one system. It feels more fluid if we just have everyone covering matches on both sides.
As for the card, I have one suggestion: Swap Lionheart and 16 Bit. For the main event, you could do a mirror match between THTB and Milky, and for the runner up, you could do a match between 16 Bit and Lionheart, provided 16 Bit is interested. I think the Reptile mirror is actually a really interesting fight, and I know there was a lot of hype for the one between Art Sanchez and Chris G at Evo. THTB and Milky are definitely the two best Reptiles I've played, so I think this would make for one hell of a show.
Also, while I like the idea of tag, it does seem like it might be out of place if Snips doesn't really have another character. If people are set on seeing a grudge match between the two of us, you could always just have us do a 1v1 for that and have Zyns play someone else, either in tag or 1v1. I think we should have one ruling for tag though, which is either no tag combos or no tag combos over 50%. Tag actually has a lot of 100% combos, and if we allow those, it's just going to be cheesy.
What I think WOULD be interesting is team 3v3, tourney style, single elimination (I'm assuming most of these events will be first to 2 sets, maybe 3 for the main event). Basically, three guys from one "team" play three guys from another team in individual matches, and when the first player on one team is eliminated, the second player moves up to fight the first player from the opposing team. Basically, winner stays on, and this continues until one whole team is eliminated. I find team matches are really interesting just because there can't be more than one of the same character on a team, and no one can switch out. In a matchup-based fighting game, it really makes for some cool sets. You also get some really crazy turnouts, like JSMaster reverse-OCVing Japan's team at Canada Cup last year.
We don't have to do this on week one, but it'd definitely be something to consider. There's always team 5v5 as well, but uh... That's a little harder to coordinate online.