I had this same thought with the world series telecast where they showed the qualifying rounds, and now watching the video they have on Xtra Frame I still think this is how EVERY telecast should be, show the good, the bad, the boring. Reminds me of watching golf (which isn't ever by choice!), where everyone is competing at the same time and they jump from one hole to the next. Show viewers everything that goes on, how many people actually compete, the emotions during the various rounds, how doing well can quickly turn into losing, etc. The PBA should invest in a dozen high end consumer or "indie" level HD cameras
and locate them around the center, switch between them when something exciting (good or bad) is happening, put them on pan / tilt mounts and you could have just one or two guys controlling all of them (plus some other supporting staff / director). Show highlights of the opening rounds but then cut to maybe the round of 16 or 8 for live broadcasting. They could still do a stepladder finals but have all the matches going at once until you get down to the final two so it doesn't take too long, since all of the above will already add a lot of more broadcast time.
I know...this takes money, which takes advertisers, which takes more viewers. I just can't believe that golf can do it and we can't!