The reason that the Steampunk Challenge died in its original format is due to the fact the people were not willing to pass over their models. Not ideal as this is what would happen if you were freelancing or working in a studio. But it was a good challenge and I enjoyed it.

I think the Collaboration Thread would be a nice idea. Gster and I are currently working on a project, that was gonna be entered into the CGTalk Challenge, but it wont meet the deadline. This kinda of Thread is ideal for those who want to get involved and work with each other on small simple projects.

For the admins there is a minimal addition to the work load as it will only require moderating.

I say go for it.