I have been a little surprised at how fast a couple of teams dropped out of the event due to the format. I have a feeling, however, that we'll see several newcomers welcome the format.

United Internet Team Germany is out
Team Origin (UK - Sir Keith Mills) is also out

New Zealand just hired several French mulithull designers. but has yet to make any announcement.

I'm pretty sure I heard mumblings of a French team throwing their hat it (which would make sense...they're the leading mulithull fanatics).