Disappointed with the result of the 2007 Eurovision Song Contest, three time Eurovision Song Contest Eirikur Hauksson claimed that he would never return to the competition. Today, esctoday.com can reveal that he is back in the running for 2008 as a composer and has had a change of heart about whether he would consider returning as a performer. The song is called Undir regnbogann (Under the rainbow) and the music is written by Hallgrimur Oskarsson. It will compete in Iceland’s second semi final on 17th January and will be performed …