Is entering contests a waste of time?

United States
August 14, 2008 7:25pm CST
Do you think entering contests is a waste of time? Why or why not? I'm not really sure if I think it's waste of time or not. I've never won anything special from a contest except lipstick from the allure magazine site. I'm wondering that maybe spending your time entering contests is a waste and your time could be better spent doing something else. Give me your opinion.