Finally, a gag that actually worked pretty well: Will Ferrell and Steve Carell presented the Best Makeup Oscar in really awful makeup -- not quite KISS bad, but bad. "The Chronicles of Narnia: The Lion, the Witch, and the Wardrobe" won.

Do you really think the "Narnia" series is a legitimate tentpole franchise? They've already done the most famous book in the series, and they've already started the series out of order...

Stewart scores! Referring to another nominee in the Best Makeup category, "Cinderella Man," Stewart came out of the acceptance speech with this: "Imagine the difficulty of making Russell Crowe look like he got into a fight."