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I like the way u think. Although I attended graphic design school, I rarely have time to do any of my own stuff. Contests are very motivational to make the time. What if anyone from the forum wanted to contribute to the prize? Up the Anti a little?? What if there was a grand prize 1st prize 2nd prize and 3rd? And of course the honorable mentions could receive a shock or something?
Maybe that's a little too much. I am just putin my input. And while we're on the subject of input: I think choosing your own character (SNK) would be the best, certain artists have a thing about inspiration and if it's a character you don't like so much or appreciate as much as one you would choose yourself, you would not do your highest quality work. That's just my personal opinion, but I know a lot of people who agree with that.