Doug said:
from what I understand, the 'webby award' or whatever it is have no permanent community/forum. Hence, everyone who signs up there is doing so to vote and not affecting the existing community, because it does not exist.
This. Also, the idea of an award being decided by an open vote, in which most of the voters don't have experience with all of the nominees, makes that award a meaningless indicator of quality. The winner won't necessarily be the site that is considered the best by people who know all the nominees, but the site that has the most visitors or advertises the award the hardest. Popularity doesn't equal quality, and advertising certainly doesn't.
That's why I won't give the Webby Awards much respect. You can draw your own conclusions about my opinion of the March Madness result.