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I would suggest an intermediate format. Have all contestants play a six or eight-game round-robin in a pool of nine to twelve different games, like in last year's tournament. Afterwards, use three-game playoffs in which the contestant who got the lower place in the round-robin always plays Black, either between number one and number four and number two and number three, or just between number two and number three, and then between the two survivors. But having to play many variants several times looks too rich.