well the other thing you have to consider is.
Look at each months techno releases on juno.
each month you see a glut of 001`s , by X.

and it`s saturating the market.
Distributers will literally carry anything right now, especially if it runs down the middle of the road and sounds like whatever is selling at the time.

Consider if what you would be doing is necessary and different enough to warrent another new label in a swamp of sameyness.

If it`s just stuff that sounds like it could go on another label, then send it to another label, there are over a hundred out there, if you can`t garner a release on one of them, then maybe that`s telling you something.

I had to think very long and hard about starting a new label. I think I`ve got something that is fairly unique with my new project, but I really did have to check the market first to make sure, and even then I looked at distribution outside of the current techno scene (I had to, to make it worth while), which is essentially on very tenderhooks right now.

however, knowing you a bit steve, I`m fairly sure you have something pretty unique to offer, but do consider looking outside of the techno scene for distribution, as you will be hitting a shrinking market otherwise.
If you are serious, I think we should really talk, as it would be cool to build a network or loose label collective of the new sound in techno, and you are definitely someone who should be considered part of the new, fresh sound.

Judging by the interest I have in singularity there is a whole new market out there, plus a host of bored techno heads looking for something different, but it will take strength in numbers to build momentum on this.