re:
but would'nt talent agencies see it as raw talent. I mean even if my stuff was mediocre, they could see that in a few years, they could be something.
As maestro said, that's not really the way it works. Agents are looking for material that they can sell and clients that will make them money. It costs an agency a lot of money to represent a writer so if they are not seeing any returns (in terms of their % made on every deal) then it is unlikely that they will want to represent you.
As far as your producer contacts go my best advice would be to keep them as contacts and try not to force your work on them. Having contacts in the biz is a key factor in determining success so the last thing you want to do is burn any bridges by forcing work on them that just isn't ready (perhaps it is ready and i am wrong but as Nikee said the more you write the better you get and you'll be suprised how much better you will be by this time next year).
A good bit of advice given by a pro on another forum is to put your screenplay up against the five screenplays you most admire and see how it measures up. If it is not as good as the other screenplays in that group then it isn't ready to be sent out. The easiest way to kill your chances with agencies or producers is by sending out something that isn't ready. It's a mistake that a lot of people make and almost everyone regrets.
Do you have access to a digital camera? Write a few shorts and get a few mates together to shoot them. It's great seeing your words come to life.
As far as contests go, well there are a lot of legit ones but the ones that get the most exposure are:
Nicholl (Deadline May 1)
Austin (May 15)
Sundance (early May)
Chesterfield (June or July - Delayed this year)
Disney (June)
A few others that are apparently decent include:
American Accolades (end Feb)
Scriptapalooza (April 15)
Slamdance (June or July)
Fade In (Oct 31)
but that's just going on what i've heard.
Anywho, grats for having finished 3 screenplays already. That's an achievement in itself. Whilst 130 pages is a tad on the long side it's only by 10 or so pages. Just out of interest what genre do you tend to write in?