UBC CS E-Portfolio Competition: Honourable Mention

"There is only so much you can do with a paper resume.  With an electronic portfolio, you can showcase technical projects (especially web applications) in more detail than what is written on paper.

Also, an on-line portfolio gives a better insight to prospective employers more about your interests outside of school.  People always say to try to 'make a connection' with interviewers through some sort of common interest, and an portfolio allows you to do that without making it awkward to bring up random topics during an interview session.