Hmm... If a tourney was to be organized, it would have OBVIOUSLY to be as a SnG format. However, I was more talking about NLHU cash games. Do you guys play those? I am personally playing HU cash on ACR.
We could make a little tournament ourselves. Would have to coordinate via Skype or some other software. I would suggest scheduling some sweat sessions (one plays in real time, while others watch and give feedback), or analyze hand histories, etc.
I am quite hooked on HU now, as it exposes quite a few of my weaknesses in my game, in general, as well as opens up new aspects of strategy to the game.