I think it would be a great way to encourage people to start projects and show them off.
I am roughly thinking of submissions sometime in September, with a variety of categories (single small figures, squads, vehicles, single large figures, maybe best conversion).
Prizes would probably just be along the lines of 3D printed statues for any winners willing to send a post address, and a sense of pride and accomplishment.
If there is interest details can be worked out further.
Community votes are important.
My idea, assuming this gets popular enough to get off the ground, is a community vote and a mod panel vote in each category. I’d like to have myself, Tobin, and then mods from other hobby communities. Each category having a community and mod picked winner (which could be the same entry if it’s just that good).
Really the hurdle is getting enough entries to make a proper competition.