I personally don't care what wins in the Academy Awards, but I continue to be amazed that anyone could, with a straight face, argue that LOTR deserves to win Best Picture, or indeed any category related to writing or acting - I found it sorely lacking on both parts. I guess if you are a Tolkien/fantasy afficionado it has things to offer, but I found it amazingly ponderous. I can think of several films in 2001 that I found much fresher, better-written, and better-acted (Memento, Sexy Beast, A Beautiful Mind, and The Royal Tenenbaums are some examples).