Okay, I'm not up for elder statesman, but I've been around for a wee bit, and I assure you: It is not just an honor to be nominated, it is better to be nominated than to win. In judged awards, the winners are the compromises: I love A, you love B, but neither of is terribly offended by C, so C gets the award. In awards voted by a group, McDonald's wins, and it ain't because of their special sauce. (Uh, does Mickey D's have special sauce? This anti-corporatist vegetarian is so out of touch when it comes to the food that the US is dying to eat.) I should also add that in neither case is the winner necessarily bad; it just isn't the best. If someone acts like an award meant something, ask, "Did you get fries with that?"
Okay, maybe not.
A whole 'nother rant is how awards have screwed up SFWA, and the Nebs haven't meant a thing since the same work started winning both Hugos and Nebulas, but now that I've established my crotchety creds, I'll shut up.
By your command.
Also: context?