Hopefully there are some people on here who are as big of a Zeppelin fan as I am.
From GRAMMY.com:
Recording artists Led Zeppelin will receive The Recording Academy® Lifetime Achievement Award, it was announced today.
The Lifetime Achievement Award honors lifelong artistic contributions to the recording medium while the Trustees Award recognizes outstanding contributions to the industry in a non-performing capacity. Both awards are decided by vote of The Recording Academy's National Trustees. Technical GRAMMY Award recipients are determined by vote of the members of the Academy's Producers & Engineers Wing and the Academy's Trustees. The award is presented to individuals and/or companies who have made contributions of outstanding technical significance to the recording field.
Formal acknowledgment of these special merit awards will be made at a new elite ceremony during GRAMMY Week on Saturday, Feb. 12, as well as during the 47th Annual GRAMMY Awards, which will be held at STAPLES Center in Los Angeles on Sunday, Feb. 13, 2005 and broadcast live at 8 p.m. ET/PT on the CBS Television Network.
Led Zeppelin (Jimmy Page, Robert Plant, John Paul Jones, * John Bonham) — Formed in 1968, the quartet's interpretation of blues, experimentation with folk and world music, and their incorporation of mystical themes defined the hard rock genre and established the concept of album-oriented rock.
Now the Grammy's are trying to make up for all those awards that they never gave to Led Zeppelin, and instead they gave to crappy adult-contemporary artists of the 1970s like Barbara Streisand.
Sounds more like an "apology" award, rather than a Lifetime Achievement Award.