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Hi, we usually do it once a year in January.  I know some people have done a demo 1 year then aimed to finish the full game the year after.  Hopefully if it goes well then you can just keep updating your game all year though, the jam can just be there to help you get started

Could I just be in it just so I feel motivated, but not actually submit?

I guess the guidelines for this jam refers to even have joining players who just rate/vote other users' games without planning to submit any games as dev there. I think it sounds possible, Ninja Coder Tech e.g. encouraging and feedback sounds useful too :-)