All my friends are talented enough to get nominated for awards. I just am always surprised when things and people I like are also liked by things like the Oscars.
It's much more painful to bomb in front of a group of yours peers than it is to not win. Tons of assholes ain't winning awards, but only one guy will be bombing. So, that's much more nerve-wracking.
I feel like if I won an award and I was giving my speech and the music started, that's all I'd remember, the humiliation I felt when the music started. It would mar the entire experience for me.