It's funny comparing Genesis with the likes of Abba . . .
That said, I think they are quite deserving - they were able to make the shift, as music shifted, to a more pop-oriented format that won them lots of fans. And in doing so, people who caught onto them during that era have gone back to rediscover their prog roots - witness the popularity of The Musical Box who are recreating those old Genesis theatrical shows in concert.
This could pave the way for other prog acts, perhaps.
Anyway, as a long-time fan, who more recently discovered a fondness for their later things as well, kudos to Genesis!