Check out Shyam's entry in the (now closed) VI Toolkit for Windows Scripting Contest, PowerAlarm Manager. It allows you to create alarms on any item in the VC inventory based on any perf metric. This is way cool - I've never quite understood why this functionality is not natively available. The Ready Time metric for example, is very useful as I'm sure anyone reading this blog knows. But we've never been able to create alarms based on it until now, thanks to Shyam!
So here's hoping he gets a placing in the top 3, although with some very good entries in there it will be tough. We'll post back any results as they come to hand, but in the meantime you should check it out and please report any bugs back to us!