Ashton Kutcher and Tyra Banks (photo "composite") are teaming up for a new reality TV project for ABC. The show, which of course will have a twist, will involve contestants competing in a beauty pageant. Ashton comes to the space with Beauty and the Geek under his belt, where loser nerds competed for the love of a hot lady, as well as Punk'd, where he made celebrities look foolish. Tyra comes to the table having taken her clothes off a lot on her talk show. [THR]