Seabiscuit is a nice enough film, but you're right, Matthias, it's inclusion for the Best Picture is absurd. I too voted for Mystic River, which I thought was superb. I'd have had no complaints about Lost In Translation, but I accept it's cinematic Marmite! I thought Return of the King was stronger than The Two Towers and it's such a marvellous experience that I can't deny its win, but still...
Jackson's strength was surely giving a monster production some personality, but it's still the Hollywood machine underneath.