I like the system. At first I was skeptical about the whole idea, but I can see how the way you guys have it set up it will work. I like how it is set up but have a few things I felt were worth mentioning:
-tons of flash artists with more than one nominated flash shouldn't be able to sweep the prizes
(I made an exception for the Time Trial, as it is a group of artists under the guise of the same flash)
-Perhaps an ability to split your vote, but only once. This would be nice because I just found myself torn between a couple of flash entries that I really liked, and ended up having to bump others off when they were really just tied with the ones I voted for.
That's it for now. I guess I was just being a stick in the mud about the whole idea, but as I said, I'm a sucker for cool new features.
Good luck to all the artists nominated.