I am very happy you guys enjoyed your experience!
With regard to the bracket format; double elimination is still in development and we plan to bring that to you as soon as it becomes available. :)
We are working to bring more events in and as mentioned above and are looking heavily at skill grouping. This should alleviate some of the pain from early knockouts, but doesn't really solve the lack of play issue.
Prizing is really the major facet that is preventing more events from occurring. If there is enough interest it would not be an issue to hold a lot more events without prizing. The concern in doing that though is that we do not have enough participants to make the event worth while for those that do attend.
With that said, if you are interested in simply playing let me know. If it seems there is enough interest I will get some tournaments created.
Again, a huge thanks for the feedback. Please keep it coming, it helps us to build the platform you want to play on, that is after all the main objective.