I'm actually quite surprised by Magico here. Their work up to this point has been utter tripe in every respect but the design of this is a huge improvement. It's still not totally to my taste; the layout's a bit disparate and the grid is all over the place but the colours and imagery used are nice and it's fairly easy to navigate. Also, there's been some attempt at standards which, while far from perfect, is a damn site better than the horrid crud they churned out for, say, the Hughes and Hughes website.
In terms of SEO, the foundations are there but it looks as if there's loads of work to do.
So it seems that winning a Golden Spider for 'Best Web Agency' has some benefits after all. Companies that produce crap win it, manage to acquire hundreds of thousands of Euro in new business as a result and, in turn, are able to hire better staff and improve the quality of their work. Maybe the awards aren't not so bad after all.