Looks like fun BBWolf. I hope you hang em high!
I've been caching for a couple few years now and have had the opportunity to live and cache in two different areas. My first year and a half was on Oahu, Hawaii. The FTF competition was very competitive, but there seemed to be a very non-competitive agreement that if more than one person showed up to GZ before it was found, that you'd team up and both claim FTF. I've even seen the second person on the scene wait for the first person to invite him to search. I liked this style, because it takes the cutthroat rush out of it and you can still enjoy the hunt.
Now that I've moved to Virginia, the story is a little different. I've never had any invites for a team FTF. I was patiently waiting, off the property, on a 8am-5pm new cache, when right at 8am a suspect car pulled up. I decided not to dash for the cache, but go introduce myself (Not in the direction of the cache). When I was getting close to their car and they noticed me, the passenger jumped out the other side and started running for the cache. I continued to the car and introduced myself to his wife.
This is only one extreme case, but I'd be interested what others think of Team FTFs.