This is what I'm currently planning to go with, provide input if you would prefer differently:
Auction style draft
Head to Head
Point Scoring Default
Weekly Starting Positions:
2 QB
2 RB
4 WR
2 TE
2 Team Defense
1 K
4 Bench Spots
This is different than many leagues that only include 1QB/2RB/1TE/1Defense/1K and 3 WR. However, with fewer teams, it is better with more positions per team.
We can also include individual player picking for defense. IE: I pick Ray Lewis, and get points accordingly, etc.