These awards are great fun and apart from Teitho the only Tolkien contest we have and Dreamflower and her team work hard to run it.
You can nominate in as few or as many categories as you like. It is a great way of saying thank you to an author for a story that gave you pleasure during the year.

Full rules and details can be found here.
http://lotr-community.livejournal.com/299347.html