Here, care of Spaceref, is a transcript of the testimony of NASA Administrator Griffin to the Senate Committe on Commerce, Science and Transporation's Subcommittee on Space, Aeronautics, and Related Sciences. (Whew!). There is a little comment way at the end about Centennial Challenges:
"IPP also manages the Centennial Challenges Program. NASA has already benefited from the introduction of new sources of innovation and technology development even though the Program is relatively new and no prizes have yet been awarded. In addition, ongoing and future prize challenges will continue to inspire brilliant young minds."
I imagine that Ares I and Orion are getting more attention from NASA upper management than Centennial Challenges.