I read the whole thing, minus the spoilers, despite my monitor being horrible for reading purposes right now (which is why I skipped those), and I have yet to find anything resembling a counter-argument to my proposed functioning of the TOC and it's sub-tournament.minhtam1638 wrote:...
These two tournaments, while just enforcing #2 in the main (reshowing contestant winners in special showings) would allow for more exhibition matches, which supports #1, and keeps interest in those voters who stuck around for the matches to see the characters of less-popular shows appear and possibly create interest.
I do recognize the overflow of certain series' causing domination and diluting the effect of #1, but I can't think of any reasonable suggestion to pare that down. Cutting down on the possible participants would be reducing the effect of #2, and thus is not recommended.
Having the TOC and it's tournament increases possible interest in the show. "Hey, this show got a member through to get into the Grand Tournament, I should put that one higher on my list of 'shows to watch'."