Well, with no particular axe to grind, why would anybody want to risk this event?

If it was me, I would want to see them get at least one festival under their belt before risking it. Problem is, if everyone takes that stance, it'll never happen.

But then, as above, there is also Hull up the road if you are of a nautical persuasion, and 2 BIG established festivals further South - Wallingford Bunkfest and Moseley Folk Festival in Birmingham. Both with great line-ups and a proven track record.