 In 1999 , the song was inducted into the Grammy Hall of Fame , an honor reserved for " recordings of lasting qualitative or historical significance that are at least 25 years old . " In 2004 , Rolling Stone magazine ranked " Eight Miles High " at number 151 on their list of The 500 Greatest Songs of All Time and in March 2005 , Q magazine placed the song at number 50 on their list of the 100 Greatest Guitar Tracks . 
