The "Show Us Your Lightsaber" contest has officially started!
Here's a few words from the report at Starwars.com: "Hasbro is launching their "Show Us Your Lightsaber" video contest today, which asks fans to submit videos showcasing creative uses for Hasbro's new spring-activated lightsabers (see StarWarsShop links below). Contest prizes include a trip for four to Star Wars Celebration IV in Los Angeles and a one-of-a-kind chrome Force Action Lightsaber!"
You can read the full report here along with all the specific rules for entry qualification, and how to submit your video.
I also found this promotional video for the contest up at the google groups website for the competition. Click play to check it out.