So much churn on this discussion seems counter-productive to the point of WordUp -- a simple way to put on the event you want without being bothered with WP Foundation rules you don't want to follow.

Last year, we put on a single event as a local collection of Camps, which would have included WordCamp Dallas. We were kindly contacted by Jane, who kindly explained the WordCamp rules and how what we were doing was against the rules. Easy enough -- we stopped calling our event WordCamp Dallas, although that's truly what it was, and instead organized OpenCamp. And everyone survived.

I'd say if you don't like the WordCamp rules, take up the spirit of open-source software and fork the event into WordUp, OpenCamp, or whatever you prefer.