I'll chime in with the same review points everyone else seems to be making.
The event has been extremely rewarding, I don't know how well it treats players without a strong lineup but i'd expect they are still able to rack up a good number of rewards by playing lower ranks.
The Rock Paper Scissors... err... Moe Babe Sexy aspect of it would be more interesting if it were not so easy to avoid the element of chance by refreshing opponents until you find an opponent you know you'll win against.
Lastly, players who I can only guess are using alternate accounts to rack up huge numbers of defensive wins are extremely demoralizing, and the activity really should be clamped down on, and stopped.