The Battle of the Bug Killers (Joel vs Eric)
SourceGear recently introduced 'Dragnet' - I think this directly competes with FogBugz. I got to use FogBuz in a fairly large project last year and I was quite impressed by its simplicity. Except for the annoying 'picture of the day', it performed remarkably well but I'll certainly check out DragNet. In addition to JoelOnSoftware, I have been an avid reader of *Eric Sink's writings and I am sure Eric's counter-attack is part of a well-thought out plan. Such competition benefits the end-user, i.e., the development team and that is good.
*highly recommend taking a look at Eric's 'Not A Legend' movie