I've seen some debate over Leo getting passed over for the Oscar this year.
IMO, I feel Leo does far too many roles in hopes of nabbing an Oscar instead of interesting projects. In general, his movies always come out during the Oscar season and he's more often than not in a Scorcese film.
Leo is an actor I've really come around on over the years. I personally would like to see him go outside the box and take on some roles outside the norm. Take part in a summer blockbuster (Not as serious or heavy as Inception) or partake in a comedy.
He will get his Oscar. If anything, it will take the pressure off and there will be less gossip during the Awards season. Either that or he will get Al Pacino'd and be given one based solely on the body of his work during a year when others truly deserved it