It's not the problem of there being one winner, it's the fact that now five more pictures become "Best Picture nominees" which I think really cheapens the title in the sense that now it's a lot easier to become part of what used to be a select group of films. I wouldn't mind if in the past 10 years or so there had been 5-6 films that everyone felt should have gotten a nomination along with the regular five Best Pic nominees, but really, when you think about last year or the year before or the year before that, what 10 movies would have gotten nominated? And would all those movies have deserved to be Best Picture nominees? I think it hurts the quality of the title as well as the legacy of the awards.
I think you should look at the Best Director nominees, the ones who match the Best Picture nominees are probably the top 5. It's also interesting that there's 10 Best Pic nominees but only 5 nominees in the Director category, so that immediately leaves five directors out of the running and it creates a weird mismatch. It just all seems very flawed and a desperate attempt at ratings...which I highly doubt adding five nominees to the Best Pic category will do much for ratings in the first place.
"Some people can thrive and bloom living life in a living room, that's perfect for some people of one hundred and five. But I at least gotta try, when I think of all the sights that I gotta see, all the places I gotta play, all the things that I gotta be at"