Would you pay for a Madden 10 360 Tournament?

So, I was thinking of getting a 16 man or 32 man tournament going. It can be free with no prize, but if I have enough interest we could make it a money tourny. Nothing more than $5 entry though, and the entry fees would be payed to my PayPal account. However, I know a lot of people probably wouldn't want to do that so I'll see if we can get the money paid to one of the mods accounts to eliminate the "OMG I'm gonna get scammed" thoughts.

So, would you want to participate in a 360 Money tournament? 5 minute unranked and I'll post the rules later.

And, if you DO want to, what would you like for the entry fee to be? Remember, the bigger entry fee, the bigger the prize.

I think an order to have a perfect online tournament there needs to be a buy in so people will have a motivation to actually show up

i think this is a great idea because this gives the sites top ballers a chance to show waht they got (like me )

i would be interseted in this but then there is also the fact that if someone loses..there gonna cry and complain that they want there money back and that is was bull

so if this was more thought out maybe and everything. i would love to join and really give people a run for there money