How about "Cut Throat Quilter"? I'd watch it
My son and I got hooked on a TV show called Cut-Throat Kitchen -- a spin on a cooking show where contestants are given 60 seconds in the pantry to collect everything they will need for the specified dish. Then, in the course of the show, they can "purchase" restrictions or hardships to inflict on other chefs or better their own chances. It make for some interesting and creative cooking, and it's a fun show to watch.
Of course, I envision a variation for quilters -- you have 60 seconds in a fabric closet to grab everything you need to make a given block or style of quilt, then you proceed to your cutting table or machine and set out to make a block, only to have another contestant slap you with a restriction like-- no rotary tools. Or a substitution where everyone's pretty fabrics are swapped out for really ugly stuff. I'd not only watch a show like that, I'd compete ; )