Agreed with Travis. A lot of the issues you raise Jack are really non-issues, there have been plenty of new guys showing up to Fridays who have come and introduced themselves to me and what not.
Friday nights are meant for showing off our cars, talking, cruising, and grabbing food, I don't see the point in having the same thing two nights earlier on a smaller scale. Let's leave the weekly meets to Friday nights, gives everyone something to look forward to at the end of the long work week and something fun to kick off the weekend.