This obviously doesn't spell a Best Picture win, look at "Boyhood," but it is nevertheless an unprecedented accomplishment.
Here's what I had to say about the movie for Awards Daily, full article can be found HERE
"What can be said about Barry Jenkins’ “Moonlight” that hasn’t already been said? Set during three transformative periods in the life of an African-American gay man, the film is not only a mesmerizing journey into the “African-American experience,” but it also shatters cinematic taboos that not many have dared touch before it. This was the first major film I can recall to feature two black men who kiss onscreen. Unheard of, but an incredibly important landmark moment and the very definition of a film that can change lives. Jenkins splits the film into three different time frames as he follows his protagonist Chiron’s struggle for self-identity in a society that refuses to acknowledge his sexual freedom. The three actors playing Chiron (Alex R. Hibbert, Ashton Sanders and Trevante Rhodes) were all revelatory and Jenkins (a former Telluride Film Festival volunteer) makes good on the promise of his first feature “Medicine for Melancholy.” His “Moonlight” deserves to be called a milestone."