Well if the feelings towards a netplay league is a pretty strong, then I'll have this to contribute. On Fridays I host local BB gatherings at GaTech, known for their godlike internet. Should we want to hold online tournaments I'd be more than happy to host and stream from there. Our local guys would also provide some solid participation.
Oh and yes, BlazBlue is pretty much guaranteed going to be streamed for a substantial amount for Final Round. Even though majors are tough for most of you to attend, it is the one major for the entire year you must attend for BlazBlue.