Well I'll probably only enter round one of its organised like that, but I dislike the idea of being judged technically by people with imperfect technical knowledge. Losing points for not being bang on the rule of thirds for example (which is only a *******isation of the Golden ratio anyway) when a particular comp may be stronger ignoring it. Or people thinking that shooting wideangle landscapes at f5.6 is wrong because they don't know that depth of field is related to sensor size and I'm using m43.
I think this will die within a year because it's too much faff. The effort involved in giving detailed judging scores will mean that you end up with the same half dozen people ending by the end. The photo forum is really quiet these days anyway.
I still think low barrier to entry (ie no themes) and instant poll judging will encourage greater participation, bring in new people and maximise entries because more people will have shot something they feel worth entering as part of their normal shooting without having to find time for dedicated comp shooting.
Keep it quick, simple and popular.