No, I do not think it was right. This is because he did not do anything to deserve it. I cant think of anyone off the top of my head that should have gotten this award but I am sure there was a better candidate.
What a joke? What is his contribution to the world peace? As per my knowledge he gave man orders to kill the innocent civilian around the globe and his latest intrusion is in Libya where his solders are bombing on innocent Libyan citizens. Giving a murderer of peace global peace award nothing but an joke with human rights activists.