Well, if designers wont work for $60, then don't. Then people will be forced to increase the amount they pay.
That's the point though Hecky, it isn't really possible to raise the economy on this forum anymore. For too long people have been working for a pittance and not it has is that CH's expect good results for these small amounts. At the end of the day, if 50 people boycotted all the low paying ones, there will be another 50 to take their place. That's just how it goes. There is no way we will get it back up so it's a case of looking elsewhere for work or just entering for the fun value. If you win, well done, you get the pride and the small prize. If you lose, you had fun and have folio fodder - which is more important in the long run anyway if you're serious about being a designer. I only enter the low paying ones if i am bored nowadays, the high-paying ones i will try to win as it's a nice bonus and shows they value your work.
It's a tough one between fade and biziboy. However, please note, fade said he will also offer it in vector.