Peter Douglas Molyneux is to be honored with a Lifetime Achievement award at the Game Developer Choice Awards during GDC. He will be handed this award in a ceremony hosted by none other than Tim Schafer. Moreover, Mega64 will once again provide "several exclusive new video segments" and shenanigans for the Awards.
Regardless of how you may feel about Fable 3's innovations, Molyneux has been an important player in the games industry for the last 23 years. After co-founding Bullfrog Productions he had a key role in providing us with classics like Populous, Theme Park, Theme Hospital, Syndicate, Dungeon Keeper, and showed us a whole new world with Magic Carpet. That list of great games is also sure to make you feel old if you remember playing all of them.
After EA devoured Bullfrog in 1997, Molyneux formed Lionhead Studios to give us the Black & White and Fable games. He joins previous winners of the Lifetime Achievement Award such as John Carmack, Hideo Kojima, Sid Meier, Shigeru Miyamoto, Richard Garriott, Eugene Jarvis, Mark Cerny, Gunpei Yokoi and Yuji Naka. Not too shabby!