Yes, you should not rush to apply as a merit source. If yes (what you did), please apply because you want to help others (good members), don't apply because you will get more merit as a merit source. I recommend this (maybe unecessary for you due to you have had clear objectives to be here and to be a merit source) because in the future, we might see new rank, higher than Ledgandary (Lambo as someone proposed) based on merit points received.

Anyway, thanks for your topic.