Watts is to be honored at the Palm Springs International Film Festival. She'll recieve the Desert Palm Achievment Award, which has gone to some serious Oscar candidates over the years. In fact, since 2003 (when Watts herself was honored for her work in 21 Grams), seven of the nine winners have gone on to Oscar nominations. Granted, only one of them has actually won the Oscar (Portman) but this is a good sign for Watts. I've been on the Watts wagon for months now, and I'm pretty sure she's in this year and poses a threat to the actual win (despite the reviews Lawrence has been able to pull in). The Impossible is gaining serious momentum right now, which will only bode well for Watts come Oscar time.