Yes, part of a general club meeting was the proposed intent.
One frag does not really seem worth the effort for a standalone event.
In my mind, it would enhance a simple club meeting.
Meaning:
It is not always easy/affordable to get a big name speaker.
So maybe normal meeting is a small local presenter, or a BBQ/potluck.
To make it more interesting and get more people, you add a mini-swap
to sweeten the deal.
Interesting idea about the LFS discount.
Additional idea: It could possibly be used to raise money.
Not everybody has frags, but many have a lot more than one.
Members could randomly donate a frag, and others could "buy in" to the swap,
say for $5 or so. The money going to the club.
(Probably not good to combine that with LFS ideas)
PS: Yes, I am interested.
ULTERIOR MOTIVE:
Sadly, the DBTC plan seems to have dwindled off. If the mini-swap becomes
a standard thing at all meanings, it might do much of the same thing.