It wouldn't be as expensive as you thought. Just a simple google search on "glass trophies and awards" produced:
http://www.crownawards.com/StoreFron..._Monument.prod
For around $150 total, they could provide a 1st (large) 2nd (medium) and 3rd (still large but not not as large as the 1st place) actual trophy to the winner. Go figure that's cheaper than the ipad and yet some people (myself) would be more inclined to join a tourney for this than an IPod/Ianything as I am not an I fan =)
Personally, I think it wouldn't be insane to go for a trophy for 1st-3rd, and on top of it, first gets a collector's edition, 2nd gets a booster box with premium/exlusive foils, and 3rd gets a booster box. Cost wise it's about equivelent to an ipad... and it gives people something that is shadow era related.
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