Small Stakes Private tourney?

I'm a new to posting in the forum, but have been lurking around for the past few months. I came up with an interesting idea...want to gauge interest.

Pokerroom.com has a feature which allows someone to set up a "private tournament" - people can only register using password. Buy in can range from $2 to $500, flexible blind structure etc...very customizable. Can set up a tournament up to 30 days in advance.

If any else in the forum is interested , I would be happy to set something up. I figure it could make for some interesting hand discussions and of course, bragging rights. Buy in anywhere from $10 - $50? (re-buys are a possibility on the site). Suggestions welcome. If this is the wrong forum, feel free to move the thread to MTT.

Doug