I think I said in the first thread early on that I'd love to see this GP work. It's got several series racing there on the cards like rblanshard said, and that's not counting extra events like track-days and smaller club events too which might decide to race there.
To me it sounds like a far more workable and sustainable circuit than some of the wacky places F1 has been to recently.
We're talking more about a GP not working in one of its more traditional fan bases, than the new circuits in far-flung corners of the world not working - seems a bit odd to me.