The moment that the entire Web 2.0 and Social Media community has been waiting for, the Open Web Awards ceremony, get-together, conference thingy at the posh Palace Hotel in San Francisco, California.

The stream embed is here in the post, as is the chat window. If you don't have a UStream.TV username already, you won't be able to log in and chat, but if you do, you can sign in right here from the blog post. Elsewise, head on over to the website and sign-up and hang with us during the event!

Update: the awards were a rousing success. Here's the recording of the awards ceremony.