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Something New?
No, that's because there have been 'challenges' like that in the past. See for example system_meltdown's profile. I doubt there will be any contest like that in the near future. I think the most recent one was the PHP optimization competition. Had to look it up, but that was April/May 2009…
[offtopic]Whahahaha: http://www.hellboundhackers.org/development/[/offtopic]
Thank you for your quick reply, I also posted a suggestion at http://www.hellboundhackers.org/forum/new_contest_suggestion-4-15907_0.html#post_150083