I haven't done this in a while, so be gentle -- except to my funny bone, you can punch it like a speed bag.
Make a comic or series of comics in Terry Gilliam's Monty Python animation style or in the style of one of his many enjoyable movies (as writer and/or director):
Monty Python and the Holy Grail (1975), Time Bandits (1981), Brazil (1985), The Adventures of Baron Munchausen(1988), The Fisher King (1991),
12 Monkeys (1995), Fear and Loathing in Las Vegas (1998), The Brothers Grimm (2005) and The Imaginarium of Doctor Parnassus (2009).
You can receive the ever-valuable Bonus Points for referencing my favorite movie of his. Don't worry, you will also receive Bonus Points for attempting the animation style and pulling it off.
If all else fails, just make a Terry Gilliam reference, and I'll probably laugh my arse off.
Judgement in a few days. Good luck!
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EDIT: Apparently, it's been so long since I posted that I forgot how numbers work. Had to create a new thread with the correct CC number. In the words of Archie from A Fish Called Wanda, I'm really, really sorry; I apologize unreservedly.
Here are the entries of the others who followed me faithfully into oblivion:
From the crispy and colorful http://www.stripcreator.com/comics/Makin_d_bacon
/comics/Makin_d_bacon/592363/
From the nutritious and flavorful http://www.stripcreator.com/comics/atomiclunch
/comics/atomiclunch/592383/