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Microsoft kicks off a new “Hotmail’s Ultimate Timesaver Competition,” designed to celebrate the launch of Windows Live 2011 with focus on Hotmail Wave 4. In addition to UK citizenship, users will need to be on Facebook in order to submit entries. “Not enough hours in the day? Spinning hundreds of plates when it comes to work and play?” Microsoft asks. “Enter Hotmail Ultimate Timesaver Competition with ideas that you dream about to save time and you could win £10,000 if you’re Expert’s Choice or £2,000 if you’re People’s Choice. Spend it on something you want!”

Microsoft’s looking for entries of 350 characters or less of text. “Entrants may also link to a video they’ve uploaded to YouTube (min. 30 sec. /max. 3 minutes).”

The competition runs from Oct’4th-Nov’8th 2010.

More Info: Competition site

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