Brilliant idea!
The talented Jeri Ellsworth & Chris Gammel have put together the ultimate 555 Contest. The inventor of the 555 timer chip, Hans Camenzind, will be judging along with Forrest Mims, famed author of the RadioShack mini-notebooks.
Find out more at the official site:
There is also a nice overview of the contest on Hack-A-Day:
http://hackaday.com/2011/01/25/555-design-contest-win-1500-in-prizes/
Cheers,
Drew

