Although it is still going on, I have to say this tournament is being extremely well run, especially with two streams where you can switch back and forth during breaks.
I've been watching the entire day and I have been very impressed. As to the format, again you can't really tell as a spectator (obviously) but I have heard from players that the wait times are much lower than typical tournaments which is good (and I would attribute this to the tweaked format)
Very well done.
(Although I still have philosophical issues with the premise of the changes :P)
Even the smallest donations help keep sc2sea running! All donations go towards helping our site run including our monthly server hosting fees and sc2sea sponsored community tournaments we host. Find out more here.