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When i look at T1000 blind scheduled they all start a 10/20 - It seems logical to me to start at 1/2 otherwise the 1 and 5 chips are pointless right?
Would you start with 3 colors or 4 ?
....All this discussion seems confusing in the abstract (and its all been good advice), but once you have hosted a tournament, it will make a lot more sense......
Regarding chips, I agree that you shouldn't have chips that are worth 2X another chip. An exception is the 500 and 1000 chips, because those values are standard and a 2000 or 2500 chip would be a bit unnatural.