I don't want to prejudice others who might want to comment or express a differing opinion. But I do, in general, agree that this is working for our (hopefully temporarily) reduced numbers. I would, however, put the reversion point somewhat lower than gmw has. I'd suggest that no more than 15, and I could argue for 10, fully nominated books to vote on is probably enough.
Oh, and FWIW Jon, I quite like the new avatar.
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