I'd say that's not inaccurate, and that Limp Bizkit really, really sucks. Just because someone was influential doesn't mean that their product isn't awful.
Wow, I expected better logic from you... Your Mad Libs exercise has a lot of logical flaws. First off, you substituted a band for an individual. Individual musicians in bands aren't as often considered influential by the amount of albums they sell. It's REALLY hard to be influential on other fellow musicians and not be considered good. If you can come up with a musician who's been as influential as Bonham, and hasn't been talented, or any good at all (your words) then I'd like to hear about this person.
Secondly, throwing in the word "popular" (twice) in the second statement really weakens it, and then you use that weak statement to try to say the first statement is weak.
All in all, I think you're trying to measure Led Zeppelin against The Who, and not measure John Bonham's work against that of other drummers.