I looked into this last year and decided to scrap the idea... mostly b/c while it's a popular and (usually) profitable scheme in car racing circles - bike racers are a very different demographic.

FWIW - I think the "You wreck it you buy it" policy isn't ideal. Folks like Keith Code make a killing fixing (charging retail replacement $$ to fix) crash damage. The small crashes make them their $$. The big ones - well, they probably lose or break even since they have a cap on the damage they'll charge.

One thing to consider would be offering crash insurance - i.e. an extra $XXX/weekend to cover the first $YYY- of damages... if the #'s are right than that could viable...

I'm interested in seeing how your poll turns out...