There's an amazing fandom challenge going on. It's pretty much freestyle with a lot of possibilities to give your creativity free reign. It's even multifandom (although most of us are into Saiyuki and WK, but that's just us). Take a look at the rules and start giving prompts and offering trades and bargaining with other people HERE.
I already have a couple of ideas for filling prompts and have some WIP that I want to finish for this event. But well, the more the merrier!
Let's resurrect LJ, dammit.
Also posted at http://lauand.dreamwidth.org/120906.html, if you'd rather read it there or want to enter a discussion with comments.