OK, maybe the name of the contest, "The Audiophillie Music Awards for Excellence in Recorded Sound" is a little intimidating. If that's what's holding you back, rest easy; record some tunes from an unsigned band, or your uncle playing Grateful Dead tunes on a banjo and you could win. A recording of a tuba playing "Smells Like Teen Spirit" might be a contender.
Lo-fi entries are welcome, so if you sing or play any instrument, you have a shot at winning a set of either Monster Turbine Pro Gold ($299) or Pro Copper ($399) in-ear headphones. They really are amazing, and not only that, winners will also get their music covered on The Audiophiliac blog and played on the 404 CNET podcast.
This isn't American Idol, more like Audio Idol, where the sound is the thing. If you're in a band, or you know someone who is, you probably already have a recording you could enter.
Heck, you could sit and play something cool in your bedroom and win. I'm just trying to make the point, you have nothing to fear but fear itself.
To enter this contest you need to download, print, and complete the contest entry form.
The deadline for entries is April 12, so there's still time to send in your music.