Well, Being nominated (which Harry Potter did 7 times since philosoher stone) is a very good recognition, and that's the same thing for every movie. Winning is nothing once you've been nominated.

But, I do agree with the Academy on the movies they chose every year, because most of the time, they are right: the movies nominated for most of the great awards are pretty good, sometimes the best ones of the year.

But I also algree to say that the Academy have some prejudice toward the fantasy movies, and the Lord of the Rings was EXCEPTIONAL, Even if I think Harry Potter movies should get recognition, I don't expect one, because the movies are a lot more teenage-like than the Lord of the Ring was. And the Academy generally don't like these movies either. So, a fantasy teenage-like franchise who won 6 billion in the box office is a bit too popular for the Academy, I guess.

I'm repeating myself, but I still pray to see the last movie in at least 3 or 4-5 nominations sections: production, Art Direction, Special effects and, make-up and one actor's category (Alan Rickman for example).