Uncle Ed, while your plan for guiding Wikipedia by a few trusted users which just so happens to include you is very exciting to me, a largely unknown contributor (i.e., child) who contributes hours a day to Wikipedia, I think Jimbo's Statement of principles may prove thorny:
2. Newcomers are always to be welcomed. There must be no cabal, there must be no elites, there must be no hierarchy or structure which gets in the way of this openness to newcomers. Any security measures to be implemented to protect the community against real vandals (and there are real vandals, who are already starting to affect us), should be implemented on the model of "strict scrutiny". "Strict scrutiny" means that any measures instituted for security must address a compelling community interest, and must be narrowly tailored to achieve that objective and no other.
For example: rather than trust humans to correctly identify "regulars", we must use a simple, transparent, and open algorithm, so that people are automatically given full privileges once they have been around the community for a very short period of time. The process should be virtually invisible for newcomers, so that they do not have to do anything to start contributing to the community.