That's right, I've decided to live blog the 80th Annual Academy Awards.  We know it's the 80th because they've been telling us on the red carpet for the last hour! 

By the way, I watched the Independent Spirit Awards this morning (rebroadcast on IFC) and it was soooooo good.  I'm hoping the Oscars is close to it in quality and entertainment, but I highly doubt it.  I must have updated my Netflix list 20 times during the show.  

On to the red carpet..... 

5:03 p.m. - George Clooney just invited Regis Philbin to Italy.  I'm guessing Joan Rivers never got that invite.

5:10 p.m. - Regis is now talking to Miley Cyrus.  Who???? Exactly, no idea.  It turns out she's Disney famous.  She's Hannah Montana. 

5:12 p.m. - Faye Dunaway scares me.

5:14 p.m. - Helen Mirren is so amazing.  She looks fantastic, claiming that her red gown is inspired by her latest role as a brothel madam.  She also said she's excited to present the Best Actor award, and then mentioned that there aren't as many good roles out there for women.  I think Helen Mirren should run for president.  

5:17 p.m. - Daniel Day Lewis and Rebecca Miller on the carpet.  Rebecca Miller is one of the most talented writers in Hollywood and because of that she can be as kooky as she wants - and let me tell you, she's wearing the kookiest dress I've seen tonight.  But you know what?  Let's just praise kooky for a minute.  The Oscars has become so earnest and tasteful.  Where's Cher, and Bjork, and that Native American woman who stood in for Marlon Brando?  Here's to Rebecca Miller and her kooky dress!  Hopefully, Julian Schnabel will wear his fancy pajamas.

5:26 p.m. - I'm nervous for Jon Stewart.