Sean Penn gets on my top 5 of his generation he too is one of my favs. But christ a few of his rolls have been in cliche films also. I was really upset when he won the oscar for Milk over Mickey Rourke for The Wrestler. Not saying Penn was bad but Rourke did something brilliant in an indy film with a small budget and a mediocre script. Don't think anyone else but Rourke could have brought The Wrestler character to screen while Penns Harvy Milk portrayal could have been done by a handfull of different actors IMO. Penn was good in a cliche seen it before style bio pic. That of course has little to do with the actual acting performance other than having a bigger budget to make an average performance look like a masterpiece. Which the academy loves. That's sort of the problem I have with DDL's hype in Lincoln.
Penn also has a long resume of horrible films and rolls to go along with the good ones. I imagine that's the case for all actors who have been in the business as long as he has though. This is where DDL sort of differs as I mentioned before. His resume really isn't as big as his counterparts and to me that says a lot about his ability to remain relevant in a cut throat industry that can easily forget as they do remember. DDL's resume isn't very watered down. Thats something that killed Cage as you said and probably McGregor. At the same time you need the pay day films wether you are DDL, Sean Penn, Cage, McGregor, Laurence Olivier, Hopkins, Newman, etc etc etc. There is nothing wrong with taking the pay day films but yes too many can kill your creditability and your craft after a while. Denzel washington belongs in a top 5 talk he is surely close on mine.
And of course genre actors get involved in the conversation also. Not going to see a guy like DDL play a super hero anytime soon and he would be shit at it anyways. There is a lot to be said about those who can do action films well just as there is for praising those who can do the dramas. Shit Bruce Willis has become a decent drama actor after his action rolls (which he was good at). It's refreshing to see a trend sort of reverse itself.
Bardem I love also but hes 1 or 2 rolls away from cracking my personal current top 5. He will though no doubts about it. Guys brilliant. Norton I love also but like Bardem a couple rolls away and like DDL he doesn't have a watered down resume either (Not a big Hulk fan though
..pay day films..can't blame him just glad he did go back to better scripts afterwards..he was great in Moonrise Kingdom).
Lets not forget about the females out there also. Cate Blanchett is incredible (I love her anyways), Winslet is becoming one of the best of her generation, Meryle fucking Streep belongs in the conversation in any generation and she is possibly the greatest actor (actress whichever pc word is correct these days) of all time. That woman doesn't fail..period!!
And I am going to throw one other category out here. That is the next actor to hit a heavy exposure and who deserves it...that honour in my opinion is going to go to Jeffrey Wright. He has played some incredible parts (my personal fav being Jean Michel Basquiet which I believe is one of the best performances of all time). Seeing he has first and foremost been a stage actor he hasn't had his time to properly shine on screen yet. He will and I am calling it right now hes going to have a huge 2013.