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Some Yea, Some Nay
Fred, I applaud your efforts and ideas.  Some ideas I like more than others.  I do believe we should all pay annually.  Either you have a team or you don't.  A couple of your ideas, though, are to save time by diminishing the game.  Delayed stats will create a sense of staleness for real timers.  In fact, I really don't enjoy the 2nd half season much because its not current.  I also much prefer a 24 team league.
The greastest inefficiencies come from leagues not being at full capacity.  Dropping to 20 teams doesn't help as much as dropping the comparable number of leagues.  I think a lot of guys would love to start with new teams in new leagues.  I understand that some guys would feel cheated out of a team they built, but mainly they would have built their teams in a uncompetitive environment - unmanaged teams, inactive managed teams, switching owners, etc.