Designvitality.com is hosting a WordPress Theme competition where the Grand Prize Winner will receive $1,000 in cold hard cash (Paypal).
Other prizes up for grabs is either a 4GB Apple iPhone or a Nintendo Wii for the First Runner Up while the Second Runner Up will receive 2 years of Free Web Hosting (unlimited domains and you get 250GB of monthly transfer).
So, if your a theme designer this is quite a good time to enter and you might just get your hands on $1,000.
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Their widget is quite neat. I like it.