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So, it is an honor just to be nominated for a Hugo award, even if one doesn't win.
However -- does it remain an honor if the category in which you're nominated gets voted "No Award"?
(The Hugos allow the vote of "No Award" for the situation in which you HAVE read all the nominees, and you just don't think that ANY of them are good enough to deserve a Hugo. If the majority of the voting population thinks your whole CATEGORY sucks, INCLUDING your piece, is it still an honor to be nominated?)
However -- does it remain an honor if the category in which you're nominated gets voted "No Award"?
(The Hugos allow the vote of "No Award" for the situation in which you HAVE read all the nominees, and you just don't think that ANY of them are good enough to deserve a Hugo. If the majority of the voting population thinks your whole CATEGORY sucks, INCLUDING your piece, is it still an honor to be nominated?)