The day is a pretty big deal in Holly's hometown of Lubbock, Texas, where a local fan gets credit for doing the heavy lifting on the Walk of Fame star. If you have no idea how Buddy Holly shaped the music you listen to, the Rock and Roll Hall of Fame will help you out:
Buddy Holly played rock and roll for only two short years, but the wealth of material he recorded in that time made a major and lasting impact on popular music. Holly was an innovator who wrote his own material and was among the first to exploit such advanced studio techniques as double-tracking. He pioneered and popularized the now-standard rock-band lineup of two guitars, bass and drums.
The Beatles, the Rolling Stones and Bob Dylan, among others, have all credited Holly as an inspiration for their music.