Call it WWDC if you like, but it needs to take place 365 days a year instead of 4. It needs to serve 300,000 developers, not 5,000. And it needs to take place online, not within the cramped confines of a small convention center in San Francisco.
WWDC tickets went on sale and subsequently sold out within 2 minutes today. Two. Minutes. Probably less. It's plain to see that the demand for WWDC has outstripped the supply, and I think Daniel has cooked up the beginnings of a pretty good solution.