I had a similar idea. I called it a launchaton (contrast with hackaton) but thought of it more like a virtual event (I'm not in Sillicon Valley) but never got to really execute it.
I'm still going to give it a shot though.
Speaking of ironies, a sort of reverse-Muphry here?
Downvotes should have usernames attached, and cost a karma point.
Like the guy who submitted the story for Steve Job's death, now has over 1k karma simply from posting a link to apple.com at the right time, and from nothing else. How does that qualify him to downvote over me, who has been thoughtfully posting comments here and there for nearly a year now?
I'm not really that concerned. I don't care about karma, really. I just think it's a very stupid system.