RTJ
Well, in the end I received more submissions of high quality than I can comfortably fit into one game. As I don't want to decline too many players who have shown their commitment with creating intriguing and details character concepts, I will increase my set limit of players for the game.
Based on my experience with player attrition and irregular posting behavior (despite the announced preference for a daily posting rate), I assume it won't take that long (unfortunately) before someone will/has to leave, bringing the group size down to a more acceptable level.
We will see how it goes, but larger group sizes are more easily handled in a pbp format in my opinion, as opposed to real life; though combat might take even longer if people aren't sticking to a daily posting rate during those times.
Anyway, invites are going out now!