According to
this page, no one has registered yet, so no one is missing out on anything.
I advise taking a 1-2 hour break.
With all these lockups and server overloads and what not, I don't know why they don't request and/or require a staggered registration on the first day of regional registration.
Teams 1200+ get the first two hours.
Teams 600-1199 get the next two hours.
Teams 1-599 get the next two.
Open season after that.
Or something like that.
I highly, highly doubt anyone's going to get shut out of their first event.