God, do I ever have an opinion about this: Chris M. Barkley and Patrick Nielsen Hayden have submitted a proposal to split the Hugo Award category for Best Editor into two categories: Best Book Editor and Best Magazine Editor. The idea being that while the magazine editors dominate the category, the short story is no longer the driving force of the genre, and great book editors such as David G. Hartwell (a finalist sixteen times without a win), Beth Meacham, Jim Minz, Betsy Mitchell, Jo Fletcher et al. deserve recognition they won't get when Asimov's, F&SF, and Analog dominate the category in voters' minds.
Now, while I lament their observation that the short story is no longer the driving force of the genre (and have my own humble plans brewing to address this - more on that later), when it comes to giving more opportunities for the great editors of our field to be recognized, I say "Hell Yes!" It's just an embarrassing shame that we (the community) thought it more important to create two separate Hollywood categories before addressing this.
I'd go one step further and suggest a Best Original Anthology category. It drives me bonkers that the World Fantasy Awards have a Best Anthology category, but the genre that gave us Dangerous Visions, the Orbit series, and The Science Fiction Hall of Fame doesn't recognize the category. That last volume was my introduction to science fiction to begin with!
Anyway, suffice to say I am 100% behind this proposal.