Second FT cycle: 1 proposal submitted so far

In marked contrast to last month, when 17 valid proposals were submitted, we have so far received only one proposal for cycle 2 (deadline: February 28, 23:59 HST). Will there be a last-minute deluge? Have people been put off by January's oversubscription? Will the first month prove to be anomalous? The program will only run each month if at least 7 proposals are submitted (Rule 12), so we are very curious to see how many proposals will turn up this time...