ilovefuzz.com

1-Each participant should ideally contribute 1-2 samples that will get compiled, zipped up, and shared with everyone involved with the project once all the sounds are submitted.
2- You can do whatever the fuck you want to the samples after you receive them, but the pieces should be comprised of just sounds derived from the common pool. i.e. don't take someone's sample and then write your own song that features 1-2 of the noises submitted, ya dig?
3- Formatting: WAV or AIIF is best, depending on if you're a Mac person or a PC person. They're both lossless, and they're easily interchanged without a noticeable loss in quality
4- If people are down, the project goes off without any massive hitches, and everyone involved submits something, this will almost entirely be a free digital release with no plans on my end for physical copies (and subsequently no cost to obtain or contribute). That's subject to change, of course, but it seems like the easiest and most painless way to do it. Any sort of sequencing/mastering/artwork/so on will be tackled at the appropriate time.
5- contact info. I've set up a project email for this, you can send samples here: ilovefuzzopensource@gmail.com. That is also the address that will be sending these out, so please hit it up with an email that you check.

Stoked!