The Rock and Roll Hall of Fame will honor its Class of 2012 on Saturday night in Cleveland, with The Faces/Small Faces, Guns N’ Roses, Red Hot Chili Peppers, Donovan, Beastie Boys and the late Laura Nyro all being inducted.  In addition, a number of revered backing bands will be recognized during the ceremony, including Buddy Holly‘s Crickets, Smokey Robinson‘s Miracles, Bill Haley‘s Comets, James Brown‘s Famous Flames and Gene Vincent‘s Blue Caps.  Also getting inducted: blues guitar great Freddie King, music mogul Don Kirshner and a trio of acclaimed producers — Glyn Johns, Cosimo Matassa and Tom Dowd.

As per usual, this year’s event will feature a star-studded list of presenters, with Little Steven Van Zandt welcoming The Faces and Small Faces, Green Day doing the honors for GN’R, John Mellencamp for Donovan, Chuck D and LL Cool J for the Beastie Boys, comedian Chris Rock for the Chili Peppers, Bette Midler for Laura Nyro, ZZ Top‘s Billy Gibbons and Dusty Hill for Freddie King, Carole King for Kirshner, Smokey Robinson for the backing groups and The Band‘s Robbie Robertson for the aforementioned producers.

The ceremony also will boast some performances sure to captivate rock aficionados, although a planned and highly anticipated reunion of all four surviving Faces members was canceled when singer Rod Stewart reportedly came down with strep throat just before the weekend.  With Stewart staying at home in Los Angeles on Saturday, his band mates will play at the event with Simply Red‘s Mick Hucknall, who’s been filling in as Faces frontman at the reunion shows has scheduled over the last couple of years.  Among the other performances scheduled: Donovan will be joined by Mellencamp, ZZ Top’s Gibbons and Hill will team up with The Allman Brothers Band‘s Derek Trucks and blues virtuoso Joe Bonamassa to honor King, the Chili Peppers will play with a couple of their former drummers, and Darlene Love will pay homage to Kirshner. 

Meanwhile, the hoped-for reunion of Guns N’ Roses’ original lineup was squashed recently when frontman Axl Rose announced he wouldn’t be attending the event.  Several of the rockers’ founding members are expected to be in attendance, though, and it remains to be seen if any of them will hit the stage to perform on Saturday.

An HBO special featuring highlights from the 2012 Rock Hall ceremony premieres May 5 at 9 p.m. Eastern time, and will be viewable on demand for subscribers of the channel the following day.

Copyright 2012 ABC News Radio