Been sitting back, just reading what people have to say on this. I think it's a great idea; I feel like I'm standing on a foundation of a huge skyscraper about to be built. Chris has some good points, and I think it's good that someone is looking out for the potentially tough issues (as I'm sure Harry & the Mods are as well). I can see how the Lounge can quickly turn into disaster if not kept in check. There's definitely a lot to work out here, and it won't be an overnight thing, but I think it's well worth the endeavor
The idea isn't new; AutomotiveForums has done this with good success. We should check them out to see what works and how we can improve on their setup.