Why would people create new teams every week? There is some sort of prize if you're the best?

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Love the added points, will bring needed variety. I assume a lot of different teams will be created, and there will be a lot of players with good value.
Hate the extra chips, like most people. Every chip needed to be meaningful, that won't be the case anymore.

I didn't mind the AM chip, it was quite fun to calculate when to use it because it blocked other chips from being used. I would have preferred it to stay - without boosting the regular ones, of course.