The point of distributed computing is to welcome more computing power, not to turn it away by artificially restricting the number of available workunits. Projects which don't have enough workunits are usually removed from the whitelist, makes very little sense to create such a handicapped project intentionally.
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Yeah, in its current proposed state I wouldn't vote to whitelist this project.
of course not! this is a very minimal proposal version put out there to get feedback from the community and to see if anyone wants to help make it a reality.