(Jan 2008 Update) - At its new facility in Los Angeles, here's how the Grammy's officially recognize the induction of "Funny Girl" into their Hall of Fame:
 
"Vocalist Barbra Streisand had already established herself as one of pop's hit makers with three top-ten albums when she returned to Broadway (where she made a name for herself in 1962's "I Can Get It For You Wholesale") in the starring role in "Funny Girl."  In the 1964 musical by Jule Styne, Bob Merrill and Isobel Lennart, Streisand portrayed Fanny Brice, the '20s vaudeville comedienne who was tumultuously married to the notorious gambler, Nicky Arnstein.

Streisand's signature role, which won her an Oscar for her 1968 film recreation, also spawned her signature song. Styne and Merrill's "People" was her first major hit. Her Columbia single version, which won the 1964 Grammy as Best Female Vocal Performance, reached #5 on the pop singles chart as the show was opening. "Funny Girl" ran for 1,348 performances and established Streisand as a do-anything entertainer. "Funny Girl" was named the Grammy winner for Best Score from an Original Cast Show Album in 1964."