[JohnFen]

Did they ever have credibility?

The academy awards are literally nothing more than any other industry group awards: it's just people in the industry telling each other how awesome they are.

They are, and always have been, utterly meaningless.

[StrangeATractor]

No they didn't but giving Gregory Peck an Oscar over Peter O'Toole should have destroyed any notion of credibility.

[messe]

To be fair, of the nominations that year, I’d have given it to Jack Lemmon for The Days of Wine and Roses. So it’s not like it’s uncontentious that O’Toole was snubbed.