Don't see a problem with that. To be honest, I'd rather give us all 2 weeks from now to pull together something to submit. From today, that would put us squarely on a November 1 start date.
Since I still think we should do 2-3 per cycle, and give ourselves 2 weeks to comment, we should be fine to give you the time you need. We have 6 people signed up. If we start easy and do 2 people per 2 week cycle, you can easily go to the final one (though I should mention holidays are going to wreak havoc with schedules -- all the more reason to have 2 week windows).
Green?