Still undecided; The Storylines Tom Fitzgibbon Award

I still don't know to enter or not; I am torn between a couple things on the matter. As mentioned earlier, I'm having tourble deciding on entering, although publishing ins't required, it is opptional; I may not even win, and its quite unlikely, especially when you conider how much writing I have done in the past. I am not trying to doubt, just saying I need clarification; I am undecided. I may enter Thaihaelon, and I do hope to, but I don't know if I should... I still would really like comments.
Remember, I do have another secret story that I may enter if I don't enter Thaihaelon. :)
:) Look forwards to any feedback. :)

Writing Competition; The Storylines Tom Fitzgibbon Award

I've had mixed feedback to what people think of the competition... some say I should enter, others don't...
Some say that since it includes an offer to be published (offer only made to the winner.), I should just right on and go for it...
Others say that since its Scholastic... well... they are kinda... their books are... well... Um yeah, you get the idea.

I meet all the requirements to enter,
10,00 words minumum
not been published
being an NZ residant
and is not being considered for publishing...

due to the regular size of the company's books, its possible I would have to devide Thaihaelon into four smaller books, turing it into a series... I would much prefer to keep it as a single book, nice and big-ish. (I know, bad reason.)
I need opinions! *Panics* If you want to look for more info on the competition goto The Storylines Tom Fitzgibbon Award page, any help is much appriciated!

Oh and one more thing, I have a secret side-story (Don't even try and pry it from me!) that I could enter if I don't enter Thaihaelon; That is, if I can manage two storys by the time of entry cut-offs. *laughs*