He said.. (I was going to bring the book, but I forgot it... so this is by memory...)
It's a good thing Aragorn never got ahold of the ring. His will is so strong that he could have bent the ring to do his will and become a great and terrible dark lord.
So, it seems the ring is controlled by your will and not your ambition.
Smeagol's will was for fish... so, the ring provided him that.
Then in the next chapter, Gandalf said that destroying the ring was the only way to destroy Sauron. He would not be "destroyed" as in "poof - gone forever", but he could only grovel in shadows and never take power to himself again. The foundation of his fortress was the ring.
In the battle of the palantir, Aragorn was able to convice Sauron that Isildur's heir had the ring. That is why Sauron attacked Gondor.
Also, in the palantir battle, I recall that Aragorn said he had the right to use it and the strength (barely) to wrest it from Sauron's control.
But here goes... (doing only the major awards)
Best Actor
Should win: Russell Crowe
Will win: Either Russell Crowe or Denzel Washington
Best Actress
Should win: Nicole Kidman
Will win: Sissy Spacek
Best Supporting Actress
Should win: Jennifer Connelly
Will win: Jennifer Connelly
Best Supporting Actor
Should win: Ian McKellan
Will win: Either Ben Kingsley or Ian McKellan
Best Animated Film:
Should and will win: Shrek
Music (Score)
Should Win: Lord of the Rings
Will Win: Monsters, Inc. (Randy Newman has been shunned so many times... that they may award him for past work)
Best Song:
Should Win: Pearl Harbor
Will Win: Vanilla Sky (It's Paul McCartney)
Best Adapted Screenplay
Should Win: The Lord of the Rings
Will Win: A Beautful Mind
Director:
Should Win: Peter Jackson
Will Win: Either Ron Howard or Robert Altman
Best Picture
Should Win: Lord of the Rings
Will Win: Either A Beautiful Mind or Moulin Rouge
Well, my brackets are in ruin, so I don't suppose I have done any better here. But, it gives us something to discuss today.