It seems like everyone is jumping on the contest bandwagon. My old friend and business partner Tom “TK” Kuegler, is running a contest to see how many people tell others about his SelectIndex contest (how very meta).

Unlike yours truly, however, who was too cheap to actually spend money for the Adventures in Capitalism contest, TK is actually springing for $200 in prizes (though in all fairness, $175 of that total consists of ads, site visitors, and banner impressions from his network of Web sites.

Which friend will be the next to launch a contest on his or her blog? (I’m looking at you, Ben.)