Is there enough being produced on a monthly basis to do 8-10 tracks?

That'd be my only point.

If you made it a smaller number of tracks, you could get a bit more competition going, and you'd could keep the quality control a bit higher. Not in terms of production quality (am sure mastering would balance out a lot of this) but just in terms of ideas. Speaking from personal experience, whilst I'm always pretty happy with my output I can recognise that some tracks are a lot better than others in simple terms of ideas.

Not sure how many new tracks get posted up a month these days, but be good to maybe have a pool to pick from then pick the best quarter or summat.

I definitely think everyone should be involved, but I think the netlabel might get a bit diluted if it just releases everything that goes up.