Every year this league flies you will see more and more hard core owners. My league last year had only 6 real good owners.....and three of us battled it out for the championship until the last day of the season. Hell, I won, but it was in doubt until the White Sox play-in game.
Now, in the Elite, welll.....let's say....it's is VERY tough.......the waiver wire is basically picked over like a fat Albert drumstick after a three day fast.
Don't worry about participation this year, you will have all you can handle as you move up the chain.