The Morning News Tournament of Books is always my most anticipated literary event of each year, and the 2009 edition has just started.
If you're unfamiliar with it, the Tournament is an NCAA March Madness-like bracket with 16 books seeded according to their critical acclaim, more or less. The books in the bracket for this year have been announced, and later we'll get judges and seedings. Judges determine the winner of each match-up, proceeding until the championship round, when all the judges weigh in on the final match-up. It's a system built for a little frustration, some surprises, and plenty of attention paid to each book. The Morning News does a very good job picking both judges and books, and they end the Tournament by giving a rooster to the winner.
Follow along; I'm thinking of ways to do a little bit of bracketology before the Tournament actually begins. [Edit 2/21: Here it is!]
Also: The first issue of n+1's new project is out: N1BR Issue One.