My script, Escape From Pleasanton Middle School, reached the Quarterfinalist level before getting knocked out of competition in this years Scriptapalooza contest. That's cool, I guess, since according to their email to me, only about the top ten percent of entries make it to that level. On the other hand, if you look at the list, that's still an awful lot of scripts, many with dumb-sounding titles.
It is some kind of recognition, though. Is it impressive at all to bill a script as a "Scriptapalooza Quarterfinalist?"