Both David and Campbell are right.
David:
I like the idea of an ADRIFT yearly comp as I think it carries more weight than the dozens of mini-comps we have. Winning something that happens once a year means more than winning something that happens every other month.
I would imagine that there is more prestige in winning a yearly competition than in one of the (usually) many mini-comps. In the past years there has been a lot of mini comps (I know because I organized quite a few of them

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I definitely think there's some merit to having an annual ADRIFT competition. The IF Comp can be quite intimidating, especially if you are starting off, or a fairly newcomer to creating text adventures. Entering in a smaller competition would be a good way to ease into it. I think the important thing would be that it didn't overlap with the other competition.
The idea of an annual Adrift competition isn't to compete with the "original" annual IF Comp. But let's face it, I don't think that an Adrift game, has ever won, or even come close to winning the IF Comp. And not because there haven't been potential in the Adrift entries (some of them anyway

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What I would like is for people, Drifters and players alike, to really see what an Adrift game can be. What the developer is capable of, and hopefully they people will think "Hey, I got this great Idea. Looks like I can make it work with this developer"
I was thinking that since the IF Comp is usually in September, how about running the annual Adrift in December? We could then have a Adfift game of the year thing in January, or February?
Thought!
What about Adrift written AIF?