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She may not have won the gold, but Cate Blanchett takes first prize for her shimmering silver Giorgio Armani Prive gown, with delicate floral embroidery, and gorgeous Lorraine Schwartz diamonds. The fashion risk taker always amazes us with her unique sense of style.


With flowing golden locks, a tiered Nina Ricci dress, and plenty of attitude, Reese is looking the best she ever has on the red carpet. Gone are the vintage dresses, she's sexy, she's sassy, she's single--looks like she's landed a plum new role!


Apple's mom goes for an apricot hue! Presenter Gwyneth Paltrow is a stunner in a chiffon Zac Posen gown, paired with long, straight golden locks.


Why did presenter Anne Hathaway show up on the red carpet all wrapped up in a big black bow across her bust? On the other hand, her lace Valentino dress would make a pretty bedspread, or she could audition for the sequel to March of the Penguins.


Rachel Weisz went for vintage Hollywood glam with a retro updo, and deep red lips. Her satin Vara Wang sheath gown came with its own diamond bow, but she topped it off with a dazzling diamond Cartier pendant. Diamonds are definitely this girls best friend.


Once again performer Beyonce pulls out a red carpet doozy. Her mint green Armani Prive gown was sprouting its own bejeweled vine across her shoulder and she's showing more leg than we want to see. Beyonce, Dreamgirls is over, move on.


Presenter Nicole Kidman simply sizzled in a flowing crimson Balenciaga dress, and L'Wren Scott bracelet. The breathtaking color so complimented her porcelain skin and straight golden hair, that we're willing to overlook the distracting oversized bow. After all red rules.


Presenter Kirsten Dunst's dress sure had multiple personality disorder. Sequins, feathers, and a frumpy collar. To top off her disoriented look, were mismatched hair and makeup.


By opting for this cystal-encrusted Marchesa gown, J.Lo eliminated the need for heavy duty red carpet bling. All she needed to complete the look, were simple Lorraine Scwartz diamond earrings. We love the retro curls and this dress sure looks comfy and fun.


C'mon nominee Meryl Streep couldn't get Lorraine Schwartz, Chopard or Fred Leighton to loan her a few baubles? Looks like she dug into her own jewelry box from the 60's to come up with this tacky layered look. Anna Wintour would so not approve.


While we liked the top half of Best Actress nominee Penelope Cruz's Versace dress, the bottom half looked like Big Bird. Her severe braided bun and dull makeup washed out her look. We loved the Chopard earrings, but her dress was too fuzzy.


Current "it" girl Jessica Biel sure is pretty in pink. Make that sexy in hot pink. Her Oscar de la Renta gown showed off her creamy complexion and turned heads on the red carpet. Color us glad!


She may have won for Best Supporting Actress, but Jennifer Hudson's space age cropped jacket definitely lost on the red carpet. We have one word for it "shrugly". Her chocolate Oscar de la Renta chiffon gown and Fred Leighton diamonds, were completely overwhelmed. Robo chic is not for the Oscars Jennifer.



We're always excited to see Kate Winslet's effortless style on the red carpet and she didn't disappoint. The Best Actress nominee kept it sleek, simple and sophisticated in a pale green satin, one-shouldered Valentino gown, paired with yellow Chopard diamonds.


Seems like Cameron loved her windswept locks on a recent Hawaiian vacation so much, she decided to replicate the look on the red carpet. Next time brush your hair girl. We don't care much for off-shoulder white satin Valentino gown, but her stunning Cartier earrings get the green signal.


Maybe Kelly Preston should not have followed her animal instincts? She made sure she was ahem spotted on the red carpet in a leopard print Dolce and Gabbana halter dress. We're not interested in seeing Kelly's wild side, and animal prints work best in small doses.

from: www.ivillage.com