@Doombreed, the wanted list was the kind of game that needed more than three people to manage, assuming those people didn't spend a lot of time managing the game. Also, the other thing was, that game would have probably snow balled winners into a state of never losing.
Now for the current game, here are the reasons why I created it:
Increased activity for all the forums. (btw, if you haven't noticed, the only forum that's borderline active is the forum games section.) I'll make this one short and simple, newcomers to the forum won't stay long if there's no one to interact with, which is pretty close to the situation we have now. This game promotes activity and not spam.
I understand your point that it may promote spam, but it's only limited to ten players. This is a different case because every single user was part of the AP system, as compared to just ten players. So worst case scenario, all ten of those players will be spamming the forums. Let's stay focused on the scenario that those ten players spam the forums because of this game. We have more moderators and admins available to tell these users off. Okay, so not all moderators frequent the forums, but it only takes one moderator to punish users who abuse posting. That's what moderators are for.
About the merits, they're handed out at the end of tournament. Meaning when a team reaches 3 monthly wins. That's already three months. Though I'm sure not every one of those players are willing to spam the forums and risk the consequences for five months unpunished for a single merit.
About the balance of teams, I'll consider randomizing teams before the start. For everyone, this isn't a sign up sheet yet, so I can't promise you'll be in the teams you've chosen here.
Here's how I'll combat spam through more rules I'll be implementing from your comments, because I do see the potential for spammers: Users who are warned by moderators about spam/abuse, will be disqualified. To keep the balance, the user is allowed to be replaced. I'll set a waiting list on the sign ups.
Again, I understand your criticism, but this game promotes activity, and not spam. I'll be sure to make it clearer if the sign up sheet eventually get's posted.
tl;dr - This game promotes activity not spam. The forum needs activity. Spammers will be punished by mods and myself (through means of disqualification). Merits are handed out only once in 3 - 5 months. The wanted list had a huge potential to snowball constant winners into a state of never losing.