You know what is interesting and totally cool. Jon Shiu entered this competition but didn't win anything. He posted his entries and one of them that he entered just won first place in the Ilford HP5 contest that Ilford sponsored this year. Just goes to show you that if you believe in your images then enter them in other contests because you never know. Plus, different people are judging them.
Also, it is good motivation to get into the darkroom and finish some work. It is fun to participate and satisfying to make a beautiful picture, even if the chances of winning are slight.
Jon
ps The Ilford SFX Competition is still open until Aug 31, 2007: www.ilfordphoto.com
Some SFX examples attached: