Well, I hope your initiative goes well, even with this small pause! I like the idea of serious photographers having a chance to see their work featured, and somehow separated out from the oceans of people who take pictures of their belly-button lint with their smartphones...
Of course, there will always be those who will try to get a free ride, and I suppose all one can do is to make it so that doing so is not profitable for them. Shame this all just boils down to money and the essence of true talent gets lost in the process.