That's kind of insulting honestly. Getting Linux to run on an i4004 is bona fide engineering. More real than engineering that we're paid to do most times. Looking at the list of Ig Nobel Prize winners it sounds like The Onion but not funny.
It's a cool project don't get me wrong, but Nobel Peace Prize? What is this thread? I would consider something like a strandbeest to be more award-worthy - but it too is just a neat invention, not contributing to world peace or anything near it.