Yeah I know what you mean. They try really hard to emulate the pace and speeches/etc of other award shows, but those are the same things that make those award shows so boring and overly-long.
Yea, I typically also don't care much for their live performances, the orchestra and "funny commercial interruptions" not to mention endless Game Pass ads.
Given 103 million viewers last year, I wouldn't call this a "great opportunity" to win either...unless you are running the sweepstakes, then it's creating a mailing list goldmine.
I'm going to watch it through Tamaryn Payne's stream. She's the actress of Lohse in DOS 2 and Mizora in BG3. With any luck she can make it entertaining.