In before people saying it's not that big. In before you because you've probably been chomped by a giant bug.
In the unofficial "eww, what is that weird bug" Olympics, several factors come into play--pure exoticism and number of limbs are of course important variables, but as always, size matters. A recently discovered as-yet-unnamed aquatic insect believed to belong to the mysterious Megaloptera order has been found in
Middle Earth China, and I think we can probably go ahead and give it the gold medal right now. I'm sure it has a hoard somewhere to store it in.