How would you feel if there were a biweekly fanart challenge here on the forums?

I remember back when I used to hang out on Spellhold Studios forums, there used to be a biweekly fanart challenge that I really liked. The whole idea was just to get everyone drawing and excited and having fun, regardless of skill level. Every two weeks a new challenge would come out with a theme and everything. I loved drawing for it and seeing everyone else's drawings. But it just sort of died at the beginning of 2010.
I was wondering. If I tried to start something similar here, would anyone actually participate?