I agree with Michael that merely getting into print certainly isn't the be-all-and-end-all; if it
was, each of us would have poems in those dreadful vanity publishing books about cherished cats and dogs!
If a new site looks more than reasonable and it
does get filled up with good stuff, though, it'll be great! Conversely, with a 'first-ever' event it's not the end of the world, either, if it turns out to be a bit disappointing. It's just a question of weighing up what you perceive is the 'risk'. Life is full of 'em, after all (though the consequences vary quite a lot).
Ed, you strike me as being willing to dip your toe into the water with something like
The Resurrectionist, for instance. I might have another look at it myself.
I wonder what Janice thinks. She's been in hundreds of journals, and knows a thing or two about new venues.