At the bottom it says "Sign up to our sweepstake above and be drawn once a month for a free premium Viral Waiting List". Does this mean that someone extremely lucky could actually win both widgets?
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Yes, it is just a copy and paste snippet you can place on your website to collect emails.
Hmm... first this looks pretty, and free is nice. That said as I recall sweepstake/promotional contests laws are a kinda crazy patchwork, both in countries other than the US, but also within the US.
Restrictions don't just differ state by state, but industry by industry, and age of contestant, method of entry, and value of prize are all relevant.
Nice tool man. I am going to use it for generating a bit of buzz for the website.
If we didn't already get setup with Kickofflabs we would definitely give you a shot for our pre-launch landing page.