I agree about all working towards a finished illustration using an interesting prompt. That is what our classes will consist of. It will be like 3rd thursday on steroids. You will get feedback on all aspects of the project starting with how to go about it, doing the thumbnails, rough sketch, color study, and final art.
This kind of project will happen in all of the illusrtration 1, 2, and 3 classes.
BTW, you guys can keep doing prompts like 3rd thursday on the forums if you want as well. Just agree on a subject and illustrate it. : )