But even how cool or interesting those awards are, we should not make too many of them, or to complicated. Some of us are not willing to read through hundreds of hundreds of posts to find nominations, or vote for them.
Here are my ideas, a shorted down list from the list above.
Best Character Name
Character with the Most Twisted Beliefs
Most Overall Powerful Character
Most Evil Character
Most Interesting/Unique Character
Most Annoying/Insane Character
Coolest Character Power
Most Attractive Character
The Person Award (Awarded to the Most Developed Character)
Fastest Replier/Most Active User
Most Crazy Member
Character Gag Awards
The Mary Sue Award
Least Intelligent Character
Character with the Most Angsty Backstory
Most tl;dr Character.
Worst character approved
The Dragonball Character (Character With the Most Powers, Gohan is to be excluded )
Most entertaining RP (Not necessary funny)
Most inspiring/emotional RP
Most unique setting/world
Best RP/Battle (A summary, the RP with most of the above)
Most Devastating Defeat
Most Devastating Victory
Biggest/Best Plot Twist
Meh, I don't think it really needs to be shortened down. If someone doesn't want to read through all the awards, they simply don't have to vote or nominate. Surely not all of these award suggestions are going to make it so the end result isn't going to be too bad, but you seemed to have skipped over some good awards (IE, most good natured character. If there's a most malevolent, there needs to be a benevolent award as well. That's only one example, but there are more I think should stay).
The more the merrier, I say. I guess we have opposite views on it, but whatever.