Creative Screenwriting Magazine just announced that registration is open for the next Cyberspace Open competition. The late deadline is January 3, 2011. The premise for Round 1 will be available on the evening of Friday, January 7, 2011. Complete rules and regulations can be found here.
The Bro and I did this earlier this year and were really stoked about our entry. I felt like we really nailed the premise. Although we didn't score nearly as well as I'd hoped, it gave us an idea of what they're looking for (major action sequence). The scene we submitted was pretty talky and the big criticism was that it read more like a play than a feature. I can live with that.
I wish they'd do a TV version of this. I'd get a huge kick out of that.