Even though The Fame Monster is an EP I count it as a separate album because it represents a separate era in Gaga. However other monsters on this thread need to be NICER when expressing their opinions.
For those who are talking about "Grammy Best Album" Award and stuff like that, it's wrong, actually the right name would be "Best Record" and no, TFM is not an album
So what? The Fame Monster is no less valuable than The Fame and Born This Way so who cares if it's supposed to be an EP?? In my eyes it's an album of its own.
Read the Wikipedia page, it says initially it was ep but It was then released in album format and then for the deluxe it was merged with her first album! Xx