The Open Web Awards: Social Media Edition, our annual contest where you pick the best of the social web, is in its final stages. Time for a quick update!

Mashable readers have cast 400,000+ votes for the top individuals, companies, websites and applications – that’s in addition to the 450,000+ nominations you made in the first round. At the current pace, it looks like more than 1 million total nominations and votes will have been cast by the end of the competition. In the final weeks, we’ll highlight your picks and explore the wider web trends of 2009.

If you haven’t voted yet – and you can vote once per category per day – now’s the time to do so. Voting closes December 15th.

Vote in the Finals of the Open Web Awards 2009>>

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#openwebawards Update: 400,000+ Votes Cast, 16 Days Remain!