In some ways, this list will of course never be done. New awards, honors, etc. will continue to be bestowed (such as the newest Kennedy Center Honorees, announced this week - and reflected in this update - for the Grateful Dead, Bonnie Raitt, and Arturo Sandoval).
THAT SAID: I also significantly tweaked the model, and made it far more reflective of more diverse types of honors, etc. My current bracket runs to 390 - any artist who scores at least a '3' in my rating. But if you get a '6' or above, that puts you in the top 200 (well, 204...).
Here are those top 204: