Actually Brenno Kevs posts here with regard to $3500 restricted races led to a clear statement from David Martin that there is a subset of trainers/participants who are in favour of races at this level. How do you know that they would not also be supportive of a low prizemoney series resulting in a Vicbred trophy albeit a bronze one on the mantle piece?
So are you suggesting no one ever start their horse in a race at long odds as they clearly aren't up to the standard of the favourites and should confine themselves to running around on the training track for no dollars? That the third grade Cricketer sitting in the stands at the MCG should ignore the call up to make up the fielding numbers in the event of injuries because he's not up to it and has no prospect of being paid for his time on the field?
Of course most owners/trainers at least want to look after their babies, many actually all their horses, I do, over racing is a drawback in a prizemoney eligibility system, though doesn't appear to have been too much of a negative for the jewels and many stakes events in the U.S., or the Magic Millions. I'm sure many trainers would weigh up the accumulating effects on the horse of earning prizemoney to be eligible against the probability of earning some in the main event with a tired horse. As you said there is no perfect ranking system but perhaps there is an optimal one.
As it stands Brenno with only 3 colts heats in particular most of the colts will be engaged in the semi finals now anyway, I don't think they can scratch without a penalty to contest maiden races though perhaps they can be withdrawn before acceptances to contest maiden races instead. I don't see how you view a silver/bronze series over two starts as an impost on a 2yos ability to contest maiden races, at bronze level these races could actually be at near maiden status.
I'm interested Brenno in how you would propose to increase participation rates in the Vicbred Schemes premier event, or if in fact you would consider that a desirable occurrence? And by what means, beyond having the punters rely on their own recognisance, Would you try to create better wagering outcomes for punters and industry alike from the series?