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The best part of this new event is that we get easy rewards and requires no hands-on participation.
Some of the downsides include:
It's not quite fair to match guilds solely based on Might. Some guilds have t4 troops or some guild members may not be stocked up with troops.
There are guilds with a different # of members, and not all are able to participate. It would be nice to have battles with a lower participant requirement. Possibly one with 25-30 members, and the current one: 55 members.
better rewards could be offered, but that might just be our guild since we didn't make it too far