I'd say #4 too...I was interested in the beginning...but now I just don't see how it is different from Greek Chat. I have not posted much about the whole GX thing (other than I thought the idea was great at the beginning....you can check the posts, I've read but kept my mouth shut)
I would much rather spend the small amount of money/time I have now on my current sorority and leave GC the way it is, a chat board and nothing more! I am, however, still loving the ideas of regional "conventions"...I would love to meet some of my fellow GC members!