I really like the queue idea.
It seems that users numbered up to 6000 or so will get their chance to invest.
I think the queue is better than the alternative where either (1) whoever pays the most gas is first in line or (2) they just raise as much money are people are willing to fork over.
It isn't perfect but at least I (as a commoner) can participate too if I get lucky. I'm at ~4750 so hoping to get in...