One of the leagues I'm in did this before. It's fun.
I'd be up for some Full Tilt action. I'd prefer to send out invites to interested parties rather than post the room and password on the general forum :)
I can help out with deposits but only upto 50$ since my roll is still small. But we might be able to find online pros who can take our checks (or paypal) and transfer funds on the site.
I know this other group that have these online tournaments every tuesday and thursday on full tilt. The game there is $50+$5. We could use the same structure.
PS has some sort of direct money transfer dealy-o. No transfer fee. Call their customer support line # and they'll help you set it up. That's what I did. Full disclosure: I think you have to provide your SSN to get it setup.
Best way is to send check to your buddy and ask him to transfer $ to your account. Jason - would you be able to play on Stars?
50$ is too high for me too. How about 2 tournaments - 10-20$ each? We can play them simultaneously. You see I cannot play just one table. :-( I will get restless and spew my chips away.