I think you have it Justin.
The first game to Tuesday option means that all players, free agents or any other standing are locked down from the start of the first game until the day after the Monday night game. So you cannot make any switches at that time.
With the other option, the one we have traditionally used, all players are available at all times, except those that have been dropped by a team in the league and they are on waivers for two days.
The rationale is that this allows for a more meaningful use of your waiver position. In a normal NFL week any team in our league can grab anyone from the free agent pool at any time. Under this option you can still do that from Tuesday until the first game (so Thursday or Saturday or Sunday's first game of the week, depending on how the schedule runs for that given week).
What changes is that if you're sitting and watching a Sunday game and someone goes down with an injury and their backup is inserted and goes off, you can't just automatically go and get that guy. Everyone has a shot at it, but the successful league team will be the person with the highest waiver position. So right now, Rob is that guy.
The argument is that it raises the value of the waiver position and gives everyone a fair shot at players, not just those that watch all the games with an iPad or whatever in hand.
In case anyone missed it, I've set the waivers to off until about 2:00 or so tomorrow, whenever I get back from my daughter's basketball tryouts. I did that because of all the requests to do something and also because it didn't seem right to be locked down on picking up players right away. Changing the waivers was something I did but didn't clearly inform so I felt I should at least open it up for a while. I did send an email to all in the league about it.
I am seeking feedback (other than Brent you're an idiot, I can get that at home) on this and am putting it to a vote.