I kind of like the idea, but in the long run it depends on how they are managed. Peck Ranch is very isolated and Elk are a herd oriented animal, so doubt if they will roam too far unless a young bull gets pushed out of the herd.
It would be nice if the herd flourished and they had draw hunts to keep the numbers in check. Heck, I wouldn't even have to buy another rifle! My 'ol 7mm magnum would do quite nicely. I would imagine by the time they increased enough in numbers to be hunted I would be to stinkin' old and decrepit to go after one
Be nice for the younger guys and future generation hunters though
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