Thank you for your comments and suggestions. I'll try to answer the questions...
Mini DV tape submissions are my preference because they are simple, high quality and easy to mail. I want to find the perfect compression recipe and stick with it in order that all offerings on the IndieCinema.org will be of a consistently good quality. I know it takes a little more effort to submit a film this way but maybe that will eliminate some of the "not so good ones".
I will be updating (adding) new films as they are submitted. I expect to add a minimum of one or two per week. My ultimate goal is to add one new film every day. At the moment, exposure and feed back are the reasons for submitting a film (especially exposure) but in the not so distant future, I hope to offer cash prizes that will make the effort of submitting even more worthwhile.
I could include the running time and file size in the description. Sure.
I will be playing around with different versions. I expect at least 2 or 3 versions will be available in the future (ie. one high, one low, one for iPod, etc...).
Thank you for the positive comments. I'm very happy with the site and am looking forward to what will become of it.