I'd rather do one with the civs actually seeded properly for the next one instead of having them plunked down randomly, so strong contenders don't go up against each other in the first round, making one of them leave earlier than it should. The results of this first tournament should give a decent idea of which civs are the strong contenders.
However, I'm not planning to run another one; at least not now and probably not for a while. However, if someone else wants to run one, be my guest. And if that person has any questions about how I run it and/or needs my help for something, they need only ask.