> Submitting a paper to a conference for it to be published 11 months later is not going to work - the paper will be hopelessly obsolete by then.
That's not how the VLDB process works. What they did was establish a PVLDB journal which has a monthly deadline, and it accepts 5-12 papers a month. The papers are public on the website a few months after acceptance. (See: https://vldb.org/pvldb/vol12.html) The VLDB conference is then all of the papers that appeared in PVLDB in the past year.
I would be in favor of exploring your model as well, but I also see the hybrid model developed by VLDB as superior to the standard conference submission and review process.
That's not how the VLDB process works. What they did was establish a PVLDB journal which has a monthly deadline, and it accepts 5-12 papers a month. The papers are public on the website a few months after acceptance. (See: https://vldb.org/pvldb/vol12.html) The VLDB conference is then all of the papers that appeared in PVLDB in the past year.
I would be in favor of exploring your model as well, but I also see the hybrid model developed by VLDB as superior to the standard conference submission and review process.