Here are Slant's predictions for Album of the Year. Gaga is so respected...
ALBUM OF THE YEAR
The Suburbs, Arcade Fire
Recovery, Eminem
Need You Now, Lady Antebellum (WILL WIN)
The Fame Monster, Lady Gaga
Teenage Dream, Katy Perry
SC: I see this as a three-way race between the sorta-veteran, whose sorta-comeback is the biggest seller here;
the biggest cultural phenomenon since Madonna, whose EP could benefit from its parent album being nominated here last year; and the safe pop-country act, whose album is the second-biggest seller here and could follow in Taylor Swift's mediocre steps up to the podium. Given that Arcade Fire hasn't even scanned half a million copies, I think it's too dark of a horse here, and the last (only?) time a "rap" album won in this category was OutKast in 2004, and that's because there wasn't a default snoozer in the bunch. If I actually cared, this category would make me lose sleep. We should probably just put "Won't Win" next to Katy Perry and call it a day. Discuss.
EH:
Lady Gaga has about as much chance to win as Beck did with Midnite Vultures. As Missy Elliot did with Under Construction. As Lil Wayne did with Tha Carter III. As Gnarls Barkley did with St. Elsewhere. As Green Day did with American Idiot. Sometimes the planets align in favor of the critical favorite (Lauryn Hill springs to mind), but usually not when there's a crowd-pleasing country-pop-tinged analog easy-listener with outsized sales to fall back on.
JK: The only thing that explains the runaway popularity of Lady Antebellum's album is the fact that the trio is dressed like the cast of Twilight on the cover. I don't feel nearly as strongly, either for or against, the Eminem, Gaga, or Arcade Fire albums, so that just leaves Rocket ****. Even though I genuinely believe that the one and only thing she's good at is making an attention-whoring, hateful goddamn spectacle of herself, I could at least respect the sheer sack that it would take for NARAS to stand up and proclaim Teenage Dream their Album of the Year. Which, obviously, means that won't happen.
Can't believe Gaga is actually the critical favorite here with Arcade Fire...
We're all the same, except we're still individuals. 
