Yeah, go on then. If I'm going to grab a 2nd team I may as well get in at the ground level. I'd prefer it to start soon though, so I can have one team entering the regular season as the other enters the off season.
Probably get screwed with the allocation draft timings, but never mind!
You can always make trades to get picks at better time slots for you.
On a side note, I wouldn't mind seeing more variety in the default cities in the custom leagues.
There seems to always be one or two Bostons, NY, etc. Unless city population plays any part, I would like to see more variety just to mix things up a bit.