"Whos Got Game?"

Just curious - what is the overall consensus on these “design competitions”? Are the good folks on Core generally in favor or opposed to this kind of business practice? Seems like a shady way to try and generate some cheap design work… but then again maybe the only entries it generates are going to also be generic and not very well developed. In other words, for only a $2000 prize, are these guys only getting about $2000 worth of design work per entry?

What sayeth the CoreMob?