I’d say the delay is a good idea. I think we should look at the renaming as a relaunch; as an opportunity. To be brutally honest, I see a number of “also ran” opensource game engines out there, with three guys occasionally tinkering. I think Xenko has an extraordinary inheritance from Silicon Studios, and I see huge potential, but we’ll need to have a plan if it’s to flourish rather than flounder.
With regard to the cash prize, it could encourage some more fleshed out submissions. The downside is that it works against doing things in an open and organic way. I think it’s great if we could take bits of each other’s ideas, but spin them differently, rather than working competitively.