Tough luck, man. I just submitted MY western/Lovecraftian story. Good luck topping my brilliance. 
I'm just joking, though. I'd love to see what this anthology will eventually have to offer, specifically all the genres it'll cover.
I bow to no man. That said, I hope you are a woman.

I may still do as Jacob suggested and do the Oz story. While my first Oz story isn't really Lovecraftian any more (though the ending is a real mindfuck that I don't think anyone has ever thought of before), I'm sure I can do a second Oz story and have it be Lovecraftian.
I have a ton of projects to work on - I organized my jump drive a few days ago and if I just worked on the stuff outlined on the drive I would have 2 years worth of work to do.