I don't want to make it sound like something it's not, but I suppose it is a contest. I'm not looking for anything spectacular, but I'm too busy working on something else to throw something together. View http://omgmyspace.com/ (no, it's not my site - but it is the same turnkey script) In exchange for a redesign of the site, I'll give you a copy of the script. In the past week it has been sold for over $100 a couple times on the forums. I'm not going to pretend it's some extremely valuable and highly sought after script - but if you want it, and you don't want to have to pay for it, and you are at least decent in photoshop - PM me with a screenshot of your design. If I like it, I'll send you a copy of the script so you can code it (xhtml strict / css validated).
Oh dear no. Since then I have written and designed my own script. It's best not to pull up old threads like this though.