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I think the best option for all is for a Superbowl type bid process each year done by the various states/cities/venues, I think the notion of only determining it at Preliminary final weekend is utterly fanciful and doesn't really stack up as a realistic concept given the number of people willing to travel (& yes, the corporate / legacy arrangement side of things which is more important than people tend to think).

Love the MCG and do think that there's something special about having the grand final there. However, there is a lot of financial and social benefits that the AFL can benefit from by opening up the process to all states and in all likelihood you'd still probably expect the game to grace the 'G every 2 or 3 years regardless.