The folks at LG must be running out of ideas because they are once again tapping the general public for new designs. Earlier this month, they launched a touchscreen UI contest, but now they have moved on to hardware with the Innovation Challenge. The goal: design your dream phone. The payoff: LG will manufacture your phone (one of which you get to keep), pay you $10,000 and adorn your pad with a LG 52" LCD TV and a HD-DVD (whaa?) or a Blu-ray player. Better hurry though, the contest ends on 4/30. [LG Innovation Challenge]