Episode 1--a rather rough trial of sorts--was recorded and what's more, the link to it was even posted in these forums! As an exercise to the diligent reader, I'll leave it to you to find it. A hint: it was probably within my last ten posts.
Current and future episodes will get saved in the F+ Youtube channel, so they'll be easier to find. Hooray! What's more, Lemon's use of google+ will mean you can watch the episodes live, as they happen. So this episode coming up is live as fuck, boyee (or girrul or cis/para-het/homo-genderquizzicalace as appropriate)
With regards to the participant roster, right now it's just some of the Ridiculists. We've been doing this for some years and have known each other for longer, and I trust these folk could turn turnip farming into something hilarious.
As for future episodes, I won't say there won't be room for new "volunteers", because maybe there will! I'm going to be honest, though: I'm testing a lot of new stuff for this show and I want to be sure it works before throwing in new variables. But rest assured, right now that card is not off the table. HOWEVER, if you sign up to watch the show, you'll be getting the questions live and in real time, just as the ridicu-contestants are, so you can have a play-at-home version, so that's not too bad for now, is it?