OpenCut calls for participation in it’s open source film competition, http://www.opencut.org.
What is awesome about this is that you get to cut footage filmed from a RED camera and be part of a professionally shot film. The prize is a AJA IO HD from Silverado, that is cool. And you get credit on IMDB for editing the film.
But what is not so cool is that 185GB of footage that has to be downloaded; not a feasible thing to do with my internet connection 
[EDIT:] Nope it cannot be downloaded as per the comment below. The Rules of the competition specify by way of inference that u have to ship a drive. “You will be given ample notice that a new OpenCut is starting with plenty of time to turn in a drive.” etc
I don’t think you can download the footage. I think you can only get it by shipping a hard drive to Silverado in California, they then load up the data and ship it back to you.