Tell HN: Startup or Shut Up 2012

I'm getting tired of reading and not doing, and I'm ready to fail. Here's my idea:

Let's meet on IRC (or Skype, facebook, Google+, whatever) and throw our half baked ideas and orphaned domains into a hat, break into groups of 3 to 5, and start something(s). What do you have to lose besides a few hours? (don't worry, reddit and HN will still be here when you're done)

I've got some proposals for ground rules:

-MVP in 14 days, some sort of traction in 90 or fold

-Keep 'investment' to < $100 per founder --if you don't already have a server, use a AWS micro instance or Appspot or Heroku or something --for email, google apps for domains is free for ten users or less, don't waste too much time thinking about that kind of stuff.

-don't even think about things like company organization or equity until you have something viable

-no titles beyond "biz guy" or "python guy" or stuff like that.

-don't obsess about minutia: names, domains, jobs, he-said/she-said, etc

-Touch base with your team daily, if you can't do a live chat, email. Google+ Hangouts might be good for this.

-don't quit your day job

If this seems like something you'd like to do, awesome. I think a channel on freenode is a good way to start (i've registered ##startup2012). We can also just hash it our in the comments here on HN too.