doing the write up on the contest of course has its own benefits, it just seems to me whenever I read one of these things I think it isn't worthwhile. Not just this contest, this one seemed worthwhile, but this has to also be compared with all the other contests, payoffs etc. This seems like a big win that even if it took 20 hours (which seems the max of time it could have taken - given edits took 8 hours) would still be a good wage - do you pay taxes on context wins?
But for every contest he enters and puts effort in what is the overall payoff, seems unlikely to be this high, and with that I would think it seems like a bunch of stuff to do for little money.