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microsoft is hosting a contest for ie7 addon development.  all you have to do is create an interesting addon to submit and you could win:

  • $2500 plus some tickets to MIX07
  • $2000, $1000, $500, Zune

to learn how extensible ie7 is and some starting points, check out the ieblog article from ericlaw.

here's more information from pete on the contest as well.