No, I am not "missing your point". You don't appear to have one other than to demonstrate an inability to grasp what the Folk Awards are for.

I am no fan of Smoothops, nor, if it were up to me, would I organise the awards quite as they do operate. They are NOT, however, an exercise in picking out "the best" of all time (apart from when there was a public vote for "the most influential album of all time") but simply the choice of a voting panel from among what has emerged during the past year.

Thus the hypothetical examples you are hurling into the air do not accord with the reality of what does occur. Why don't you read the FA site?