$2M and under league

Anyone interested in trying a $2m and under league?
2012 - 12 teams - w/ DH

1) The Willy Nillys
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other people who've done theme leagues can correct me if I'm wrong, but I think you have to go higher than $1 million for it to work out -- the draft just gets too thin on the ground for some positions, while others (catcher) are over-represented -- too much repetition in draft choices, too, so it's up too much to the luck of the draw

maybe $2m and under?