[MannyTrillo]

I prefer the So'49 system... IIRC, it usually takes about 5 days to get through 3 rounds. One thing that helps a lot is to have a volunteer 'draft heavy' who is on-line a lot and will action draft lists, make sure all information is correct, generally harangue people, etc. That way you have both the commissioner and someone else keeping an eye on things when the commish is not around. The other keys are to make sure everyone knows to send in lists, and try to impress upon people that they are expected to send in lists if they may be unable to pick for more than a couple of hours when it is their turn.

The problem with sending lists for live drafts is that I think it's a little difficult for the commissioner to keep everything straight when there's a live draft going on. I've had more than one otherwise competent commish screw up my draft list for live drafts, but I've never had anyone screw up a list I sent for an email draft.