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I like Bruce Harper's approach much better than the flat six minutes with follow up time reduction for color pick. Thus, if I had White in a 1 hour each game, and drew, and I had only 10 minutes left and my opponent had 22 minutes left, then I would get Black(?) and have 10 minutes and my opponent would get his 22 minutes for the new game. Quite fair... we both have an hour for the entire event... what we don't know is whether we will need a second round or possibly a third.

Both players would certainly want to avoid a draw. Of course, if one player had 40 minutes left and another had 5 minutes left, then the one with 40 could certainly play for a draw as he'd have a nice time advantage in the tie-break game. A flat time might be acceptable for correspondence games. For on-line real-time games however, there is often server lag and 6 minutes seems too quick.