This cracks me up. I read about this contest on one of my other superfave food blogs, Slashfood, and it's awesome. It made me think of my dad because he loves Peeps. Go here to see many other past entries (some are crazy good), and you've got a couple days if you want to enter yourself.
As for Eating Down the Fridge (I will refer to it as EDF from now on), we had grilled ham and cheese sandwiches last night. Tonight will be pasta with sausage that has been in our freezer and bell peppers from the fridge that have seen better days. They are pretty wrinkly, and normally I'd probably throw them out at this point, but I'm determined not to be wasteful and to plan meals better in the future so that things don't get to that point in the fridge.
I'll be sure to let you know if this little experiment results in any vomiting.