As of this writing, there’s no ruling yet in Iron Coder 2 or 3 (aka “the array index agnostic incarnation”), but the entries are looking way more swell than last time. Some will indubitably say it’s because of the loot, but I think it’s the dynamite theme - Time + Core Graphics (aka Quartz).
Favorites so far: TimeLapse (Andy Kim, looks best), TimeRSSReader (Jin Kim, most ingenious), Process Timer (Peter Hosey, most useful+polished-combination), What Have You Done For Me Lately? (Daniel “#FF0000″ Jalkut, best implementation), Race Against Time (Mark Dalrymple, most unicorns) and Usage (Grayson Hansard, most added value by non-greyscale colors).