I used to really love the Hugo and Nebula awards but over time they seem to be shifting away from the harder science fiction that I like the best, more in the fantasy direction. I miss the days of Hugo winners like Neuromancer, A Fire Upon the Deep, Green Mars, The Diamond Age, The Windup Girl, The Three-Body Problem.
That might be just tracking what gets written nowadays rather than the opinions of the people giving out the awards, though. And I did really like Babel (which won the Nebula this year although I guess was not a finalist for the Hugo) and N K Jemisin's work (three Hugos in the past decade).