The Listening Post asks if the Grammys still matter.
Part of that is because In Rainbows was voted as the album of 2007 by a few publications, but won’t be eligible because it will be released on CD in 2008. However, only recordings before Sep 30, 2007 are eligible for the 50th Grammys – In Rainbows was released after that.
The Listening Posts notes that because of this, the Grammys aren’t representative of the current music scene. I’ll admit that I don’t own much stuff from the list (except Justice, LCD Soundsystem, etc), and that some people just get nominated to keep them from getting temper tantrums on Live TV.