Over in this entry on the Guide to Literary Agents blog, they're holding a "Worst Loglines" contest.
A logline is the single-sentence blerb that sells a passing audience -- be it people reading TV Guide or a movie producer -- on the concept of your movie.
You can submit up to two entries, each a single logline at sixty words or fewer. The first prize is a professional query letter critique, a phone call to discuss the critique and a plan to get published, and copies of the 2009 Guide to Literary Agents and 2009 Writer's Market.
Sounds like fun. The deadline is the end of August.