It's funny, I've never heard anyone do anything but complain about an award show regardless of what it's for whether it be the MTV Video Music Awards, the Oscars, the Grammys, the Emmys, the ESPYs, etc.
Personally, award shows are something I have on while I'm doing something else because in your typical 3 hour award show, I'm interested in about 30 mins of what happens and I imagine most people are the same way. I don't think the vast majority of people can sit there, watch any award show in its entirety and come away entertained.