7:07: Ok everyone, we're going to turn this over to Joe Leydon for the ceremony commentary. Catch us on the flip side! -SR

‪‪7:04: I think my favorites are Maggie Gyllenhaal, Cameron Diaz, Demi Moore, Carey Mulligan and Elizabeth Banks. As far as fugs, Sarah Jessica Parker's dress did NOT work for me. -SR‬

7:04: Favorite? Meryl Streep!! Fug? Squiddy Vera. Yours? - CG

7:01: Ok, that's it for E!, (although we are watching on ABC now)... Caroline, any favorites? Any standout fugs?‬ -SR

6:58: I haven't seen Cameron Diaz's hair so long since The Mask, but it looks so pretty. Hers is one of my fave golden gowns of the night. -SR‬

6:52: Kate Winslet-- is that pants? A romper? It's undeniably Katherine Hepburn-ish, but please for the love of Oscar let that be a skirt. -SR‬

6:52: Jeff Bridges' wife is so utterly lovely! She seems so enamored, and after 30-plus years, that's adorable. - CG

6:49: Gerard Butler had me at the Scottish accent. You had me. at. the accent. -SR‬

6:41: Demi Moore in a messy, rose-hued column—gorgeous, perfect, simply stunning. -SR‬

6:38: Kristen Stewart looks lovely!! Her dress isn't particularly notable, but her apparent brief respite from constipation is! ‪‪‪‪‪‪Sarah seconds. - CG

6:33: Loving J-Lo's structured, abstract art-ish dress, Gaborey Sidibe's embroidered blue gown, and Rachel McAdams ethereal, swishy number. -SR‬

6:30: Also I don't think soft pink is her color. She should stick to brights. -SR

6:29: Poor Queen Latifah. Nothing makes you feel like a B-lister more than Seacrest interrupting your interview to chase George Clooney. -SR‬

6:29: Elisabetta Canalis, you are not the first (cough, Sarah Larson) and I am willing to bet, you will not be the last. - CG

6:25: After careful thought, I disagree with Caroline that Vera Farmiga's dress looks like squid tentacles. She looks like the tourist-trap flamenco performers in Seville. -SR‬

6:26: George Clooney is doing a good job of representing the old school — signing autographs for plain 'ol fans. Me likey. - CG

6:23: I just read that Mo'Nique is wearing the white flower in her hair as a tribute to Hattie McDaniel, the first black woman to win an Oscar. I liked it before, but I reaally like it now. -SR‬

6:18: A room-wide outcry at Charlize Theron's dress. Even Zoe (Sarah's pup) is appalled. - CG

6:17: Seacrest looks sooooooo tiny next to Kathryn Bigelow. Homegirl is looking fine as well. -SR‬

6:16: Caroline would like to register a public disagree with Sarah's assessment of SJP's gown. I think it's darling. - CG

6:10: Is Miley Cyrius just wearing an uglier version of Sandra Bullock's dress? p.s. Miley—my mother called and says stand up straight. -SR‬

6:14: Oh, SJP. No, No, honey. No. -SR

6:13: I adore Kathryn Bigelow's gown. Also, Ryan Seacrest can barely disguise his disdain for the Cyrus clan and the matriarch's back tats. - CG

6:05: Tim McGraw on Quenton Aaron, "People don't know how good he really is. He's actually a 5'8" white guy." Funny! - CG

6:04: Ryan Seacrest, do not ask the starlet's what their dress is made of! We're lucky they know who made it. -SR‬

6:03: Faith Hill's sheer bustier is a little too much CMAs, not enough Academy Awards. This ain't Nashville... -SR

6:02: This new red-carpet sports-esque technology is cracking me up. I feel like Jay Emanuel is about to tell us who is going to run an interception. - CG

5:59: Still not feeling the gold lamé vibe of Sandra Bullock's skirt, but the top detailing and her hot pink lips are super pretty. -SR‬

5:58: Diane Kruger is one of those true fashion girls who is always exciting to watch. But this weird black and cream Victoriana... as Randy Jackson would say, I'm just not feelin it, dawg. -SR‬

5:59: Where is your precious umbrella holder, Diane Kruger? - CG

5:56: I think Amanda Seyfried just punched her ticket to the fashion A--list. -SR‬

5:56: Dear Carey Mulligan, thank you for for ONCE having your breasts and waist defined where they acutally reside on your body. - CG

5:50: Sandra Bullock appears to have subscribed to the philosophy about dressing like an Oscar to make the universe give you one. -SR‬

5:50: Zoe Kravitz is so grown!! And so stunning! We like seeing her sophisticated instead of unshowered. - CG

5:48: Older, goregous and elegant redheads get me confused. Constantly getting Susan Sarandon and Sigourney Weaver confused. - CG

5:43: As long as we are trying to steal some hot men back onto our team, I'd like to humbly request Neil Patrick Harris. -SR‬

5:43: As a man-loving woman, Tom Ford's looks seem like such a waste. Le Sigh... - CG

5:40 Maggie Gyllenhaal in print—Dries van Noten!— is soft and divine. She still has that different-ness that she likes but seems to have accepted a more mainstream Hollywood glam. -SR‬

5:39 I'm not usually into gray tones on the red carpet, but Elizabeth Banks's structured, slightly retro gown is simply stunning. -SR‬

5:36: And Tina Fey wears black. Shocking. - CG

5:34: Oh, Ryan Reynolds.... I have nothing to say about his tux, but damn he looks good in it. -SR‬

5:26: I know that structure is in, in, in, but Vera Farmiga looks like the underside of a squid's tentacle. - CG

5:26: Nicole Richie looks somewhat severe with her bun. I much prefer her usual loose hippy-chic waves. - CG

5:24: Mariah Carey did her whole "I want to be naked!" thing, but she actually looks classy and Oscar-appropriate. Methinks the navy color helps. -SR

5:20: Anna Kendrick, whose choices often confuse and bewilder me, looks gorgeous. -Caroline

512: Love the electric blue color of Mo'nique's gown! Maybe people will talk about how great she looks and not her unshaven legs this time. -SR

5:11: Hello, Culturemappers! Let's get ready for some fashion. Caroline and I are watching the E! Network live feed and ready to dish on the gowns. -Sarah