Projects are cheap on Phabricator.
I'm a bit puzzled why we have so many restrictions in place around creating new projects. The world wide web wouldn't have been the success it was if people had to go through a request form to have a domain name, Twitter wouldn't have been so successful had hash tags required approval by an admin. This page lacks reasoning behind why we have a policy in place at all.
What are we worried about? Can we clarify?