As for time constrained game challenges, the Klik of the Month Klub[1] gives 2 hours and 0 Hour Jam[2] gives participants just 1.
I did KotM a while back and was pretty surprised at how much I managed to get done. [3]
[0] http://forums.tigsource.com/index.php?topic=4964.0 [1] http://www.glorioustrainwrecks.com/node/44 [2] http://0hgame.eu [3] http://joeba.in/klik53/