In terms of creating something other than the standard + a twist, I think there only is one bet. Question is if people want that, since Totallympics is usually extremely tight on staying within the lines (hell, even rules for thread names and your posts get edited if you write something in the first post of a thread).
Which is not to say anything bad about the 'standard + a twist' we usually have, since so far I've always liked them. Plus I have absolutely zero doubt in the hosting capabilities of the other candidates, let that be very clear. Just trying to say there's more to a certain candidate than only the eternal bitching (which I sometimes find funny for a little while, but usually goes on too long) we all know and don't love and I wouldn't be totally against seeing how it works out.