The Science Fiction and Fantasy Writers of America (SFWA) have announced the 2011 Nebula Award winners for work published in 2010. The awards were presented today in Washinton, D.C.
Novel: Blackout/All Clear, Connie Willis (Spectra)
Novella: "The Lady Who Plucked Red Flowers beneath the Queen's Window", Rachel Swirsky (Subterranean Summer ’10)
Novelette: "That Leviathan, Whom Thou Hast Made", Eric James Stone (Analog 9/10)
Short Story (tie) "Ponies", Kij Johnson (Tor.com 1/17/10) and "How Interesting: A Tiny Man", Harlan Ellison (Realms of Fantasy 2/10)
Ray Bradbury Award (Dramatic Presentation) Inception, Christopher Nolan (director), Christopher Nolan (screenplay) (Warner)
Andre Norton Award (Young Adult) I Shall Wear Midnight, Terry Pratchett (Gollancz; Harper)
I've read "The Lady Who Plucked Red Flowers beneath the Queen's Window" and have already written here that it was one of the best novellas of 2010 (novella discussion). I am halfway through Blackout/All Clear and will reserve judgment. In the film category, Inception was disappointing (film review).
Locus Online's report on all the Nebula Award winners and nominees