I'd be very interested to hear rough numbers on how many emailed, how many you considered interesting, and how many of those you end up funding/going ahead with. And I'm sure everyone will want a post mortem in 6 to 12 months :-)
Indeed, Pinboard's PIC-PC had over 300 applicants, and they are hearing responses already. I'd be interested in seeing how many also are applying for this, or if less are interested, since the stakes seem higher.