Sounds really good. I'm starting mine soon. Hopefully I'll get something good out of this for once. :P My edit's were so crap till now I have a feeling.
Rules seem fine so far. I don't see what else could be added to them.
EDIT: I'd like to see some kind of minimum image width/length for the actual pics. Some of these pics will be quite nice and I'd like to use some of them on my desktop. 1024x768 is the bare minimum for me although some of the artists may disagree (>=1600x1200 oh yeah!)
Great ill start doing my edit right away! About the resolution 1280x1024 is max for me. It's not possible for me to take a screenshot any higher than that.
Added contrast, working on some motion blur. I'm a total noob so once you see mine please send comments or pointers by PM. Or I'll even post it in the edited pics section for comments.