Live PvP competition is old hat. 2009 appears to be the year of PvE (if you ask me, every year should be that year). At the Games Convention Online, in Leipzig over the weekend of July 31 – August 2, two of the strongest PvE guilds in the world, Ensidia and Method, are competing in a timed run of Ulduar.
It's going to be on 10-man, which is kind of strange, given that most people (and especially hardcore raiders) seem to think of the 25-man version as the "real" version of the raid. Maybe they wanted it to be easier for spectators to follow the action.
Points will be awarded for killing end bosses of a "zone" faster than the other guild, with points increasing from zone to zone. I'm guessing that by "zone" the press release refers to the Siege, the Antechamber, the Keepers, and the Descent into Madness, but the translation is not perfect - I could be wrong.
The Ensidia/Method matchup is going to be on August 2nd; as a prelude, two German guilds (Irae AoD and For the Horde) are going to compete on the same event on August 1st. Apparently the raids will be streaming live on allvatar.com, although I can't really get very far on that site - WTB English translation. Does anyone know if it will be free to watch or not?