"I like it as long as the weekly tourneys are still on Wednesday nights."

It would stay on Wednesday nights as that is what everyone is use to at this point after three months of having them.

"No knockout chips is a good idea, that turned out to be confusing at times."

I think we all agree on that!

"Would each weekly tourney only pay three places, or would that payout structure be based on entry numbers?"

The more players in a tournament the more places that get paid. Andy - Las Vegas