With the Chamions League currently occurring at the home of 20/20 I think we are seeing the best format for the shortest version of cricket. The concept of franchises has been well established through American sports and it is my contention that this is how 20/20 should remain. I must admit I've had little interest in the games but at least state/province clubs get an opportunity to reap the financial rewards that 20/20 offers.
This could mean international events are avoided and more 'real' cricket being played as a result. Sri Lanka play just 6 tests in the next 18 months - this is unforgivable and only acts to hinder their development as a top-flight test team. It means Sanga, Jayawardene, Samaweera and co. miss many opportunities to show their wares and build the passion for 5 day cricket in their own country. While many of us DTW followers have decried the infestation of 3 hour cricket, we all (I think!) tolerate the fact 20/20 is not going anywhere. As a consequence the right 'fit' for it must be found. While I'm sure the ICC cannot bear to miss out on the cash associated with the format - I suggest courage being sought and restricting 20/20 to teams/franchises which fosters youth.
Perhaps this can build on the ODI Champions Trophy success and an avoidance of stupid 7 match series like Aus competed in in England and soon India. I think a tournament like we saw in South Africa suggests that 50 over cricket has a place in the calendar - just not as often as it currently is. Watching a mixture of past and present players with imports and exports adds an interesting element to the Champions League. While I'll never likely be an avid follower I think the right mix has been found for the 20/20 format. Leave the green and gold for cricket that matters and give blokes like Henriques and Warner the opportunity to face different bowling in varying conditions; hopefully learning enough to develop more as cricketers.