It's that time of year again - MNet's third annual 20's Choice Awards has arrived! The past year has been full of budding actors and successful dramas, hot new artists and ultramodern fashion trends. To check out each of the categories and get a general explanation of how these awards work, check out our handy 2009 breakdown. Even if you aren't in Korea, fear not - allkpop brought coverage to you live, right when the action happened! The blue carpet event is coming to a close, but that only means that the awards ceremony is in full swing - check out the latest on the winners' list. Did your favorite celebrities hit the blue carpet? See for yourself! [5:07PM KST] The 2009 MCs, Park Ji Yoon & Baekka (Koyote), have arrived! [5:15PM] Dynamic Duo [5:17PM] 2AM with Choi Ara [6:15PM] Park Jae Jung [6:31PM] Sleep & Hwayobi [6:34PM] Ki Tae Yeong [6:40PM] 2PM [6:45PM] Oh Seung Hyun [6:46PM] Seo Ji Suk & Park Ki Woong [7:01PM] Lee Hyori [7:06PM] Han Hyo Joo [7:17PM] Jeong Ga Eun [7:18PM] Kim Sung Min [7:34PM] Jeong Kyeo Woon and Jo Yoon Hee [7:35PM] Yoona-loving baby Wang Seok Hyun [7:36PM] Yoo In Yeong [7:55PM] Star Golden Bell hostess Lee Chae Yeong [7:57PM] Model Kim Lana