Now that the thread has been going on for a while, and we have some significant discourse I’d like to comment on a few things myself.
The potential to expand the event, in my mind, would be a very interesting thing. Some people here proposed going based on “district points” earned in championship divisions, which is a very interesting way to run things, but it depends on what the event is supposed to be. If a way to show off FRC and FTC at the highest level of play, where the winner isn’t a “world champion,” then a “invite the good teams who did well in their division” style works amazingly. It almost feels wrong to say, but the IRI tagline might have to be shared unofficially 
The FOC was described to a few spectators who just showed up (I promise you, they actually exist) as Grand Finals, which I feel is the closest analogy for now.
Otherwise though, I’m still recovering from five of the most intense matches of my life.