i have heard a LOT of conflicting stories about this site , from what i can tell it's legit. They have added a privacy policy to the site http://www.vapyawards.com/privacy.php
and i have a PM in with the owner of the site and am awaiting a response.
::EDIT::
Some info from a fellow (trusted) vaper friend
(Idea of Website, User Input)LOCKED
http://www.e-cigarette-forum.com/forum/general-e-smoking-discussion/51077-2009-vapy-awards.html
(Post to show Website is active)(More recent Rebuttals)
http://www.e-cigarette-forum.com/forum/general-e-smoking-discussion/53427-2009-vapy-award-nominations.html
(Attacks)LOCKED
http://www.e-cigarette-forum.com/forum/general-e-smoking-discussion/53611-warning-warning-warning-phising-site.html
Those three threads pretty much explain it all...BUT who wants to read through 169 post...
Basicly Back in November Pete54 thought up the idea of having a sort of best of the best awards website setup to showcase who gives the best service and other such crap...a few dozen other ECF users agreed and gave their input on questions that they'd like to see in the running...VoidNIL Registered the domain around 11/24 around 12/6 the website was setup and running
Then the Nu-vapor crew got involved(Un-named person) Asked "Does anyone know anything about this site Vapyawards.com? its asking alot of questions?" (Unnamed person) researched the site and said it is in some way linked to a e-cig-china site Nu-vapor Video chat EXPLODED! dozens of videos made in a matter of minutes, almost ANY forum related to pv's Spammed like Crazy with Videos and Posts proclaiming the Evil of this website...
Of course now we know that by just looking at previous ECF post(3 minutes of research) and the hosting company(1to1 i think?) that this is not some evil conspiracy by China to steal our thoughts from our heads...but an effort by American PV users to show how much we support and love our own community....
But if you want more info...You can read those threads