Member of the Week?

In a couple other groups I've been in they've done something along the lines of Member of the week. It always appeared to the right so it could go with the members, Top Posters, etc. It was a short bio about a member stating why they've been chosen as the member of the week(ie. Activity, something spectacular they've done during the week, etc). they could get a small reward of 150 DP or something like that. Thoughts?

Well we have already something like that. Our supreme king of the month event. Maybe its not weekly, but when others decide what people to nominate they should nominate them looking what they did in that month.So yeah we have almost the same event :D