Let's hope not, I like her in Julie & Julia, but it's a caricature. And how frickin' often have people thrown fits about caricatures? But, of course Streep can do no wrong with people.
Anyway, to minimally back up Damien's thoughts. NYOFC isn't such a large group, but their history in Actress is spotty:
2002: Julianne Moore - Far From Heaven
2003: Charlize Theron - Monster
2004: Imelda Staunton - Vera Drake
2005: Keira Knightley - Pride & Prejudice
2006: Helen Mirren - The Queen
2007: Julie Christie - Away from Her
2008: Sally Hawkins - Happy-Go-Lucky
Btw, they're even worse at picking Best Picture winners. Chicago and Slumdog Millionaire were it for those selections.
"Any society that would give up a little liberty to gain a little security will deserve neither and lose both." - Benjamin Franklin