And I'm with Jeremy. If this story doesn't win, I'm pretty much sure that nothing I write will ever be able to. Then again, what do I know!?!?!
First off, something can be a totally amazing story and still "not right for WOTF".
Second, you could write an amazing, wonderful, fantastic story but if 8 other people send in something just a tiny bit better... then you won't get in. There are hundreds of entries every quarter, and only 8 finalists, 8 SF. I'm really glad they're doing SHMs now because that gives us another level of feedback.
Most importantly, I submitted the best story I'd ever written to WOTF back in Q3 of V31. Then in Q2 of V32, same thing. Then last quarter, I submitted the best story I've ever written. And in three or four days? Submitting the best story I've ever written. Every time we write we get better. The best story you've ever written will not be the best story you'll ever write until you're dead.