I REALLY like that idea actually, with the pitting rigs against each other. East coast vs west coast i also REALLY like. International i really DONT like at this current point in time because parts are so much cheaper in the US and its easier to manage if its US based.
And i will be happy to do the website IF i have time as im currently in my last year of school.
EDIT:
I think what we need to do is to have a good i7 chip, 1366 socket for higher spec processors, 6GB memory, a motherboard that can take at least three dual slot cards and a really nice case (which we have already found a sponsor for), and a GTX480. The rest we can add to after that and thats already a great start.