There's nothing preventing us from running exactly what you've described, a Rev only (multi-line actually) event, with individual, pairs and team, say at Kite Henge... Put ballet in the forefront, run precision in the back (heck - we can even drop the freestyle portion of precision if we want - do compulsories only)... All the while, still earning points towards AKA.
However, I'm of the opinion that this is cart before the horse... We're still a dozen or so serious quad fliers short in the NW, but that's probably no more than a year away.
Doing a Rev-centric event at Kite Henge has been on my radar since a few months before RevGuild started up, I'd love to see it happen perhaps in July of 2010 or 2011... Invite some "top guns" from other parts of the country, even the world, and make a real go of it with workshops, games, competition, demonstrations and learn to fly fields for the public.
A 50/50 focus on specific public outreach, which is something that US competitions severely
lack these days.
But again, we need more fliers first.