The only attribute of this contest that I am leery of is this verbiage: "under proper observing conditions". This is of course determined by the James Randi Foundation. While proving a claim under the circumstances engineered by those with interest in disproving your claim may prove to be a challenge, I personally think you will be given all of the leeway that science will allow.
Bottom line, I honestly trust the foundation to seek and gather results that will indeed be scientifically accurate.
Bring it on!