I like this tourney idea, but there shouldn't be placement system in my opinion, the Seven Swordsmen should all be on equal footing. Maybe each player should gain 15 points, when they do, they get to choose any sword of their choice. Any others who gains 15 points will have the option to choose any free sword or fight for an already held sword, if they lose that fight for that sword they should lose 10 of these tournament points and have to work their way back to the top.