Melissa Leo's outfit is a train wreck. It really doesn't help that the Frozen River star's gown is the same color as her hair.

Oh, Meryl Streep! It's a good thing you're such an amazing actress. If awards hinged on fashion taste, you'd be the Susan Lucci of the Oscars.

As one of many fabulously dressed couples, Brad Pitt and Angelina Jolie light up the red carpet in classic black.

Frost/Nixon's Michael Sheen looks dapper in a traditional tux, while his date looks a tad old fashioned in this simple black dress.

Last year's supporting-actress winner Tilda Swinton looks slightly better than her garbage-bag dress from a year ago. However, we're not quite sure what she's going for here.

Daniel Craig's classic tux could have easily come straight off the set of Quantum of Solace. And Satsuki Mitchell is as stunning as any Bond girl we've seen.

Bravo to Alicia Keys for wearing a bright, fresh, pink chiffon gown. She manages to look both elegant and youthful with her soft locks and simple accessories.

The Wrestler's Evan Rachel Wood evokes the old Hollywood era in this gorgeous white chiffon gown. Her look is finished off with beautifully upswept hair and vintage earrings.

Doubt's Philip Seymour Hoffman walks the red carpet in all black. Including a ski cap. Maybe he was in Big Bear this weekend?

Mamma Mia's Amanda Seyfried wears a sweet red gown, but the bow looks like it could possibly eat her alive. But, seriously, we'd pay money for her golden locks.

Mickey Rourke continues his award season parade of funky and awesome outfits — awesomely bad, that is. But, he wins massive points for wearing a necklace with a picture of his recently deceased pup, Loki.

Beyoncé Knowles definitely makes a statement in this black mermaid gown with gold embellishment. However, the pattern and her curvy bod make her look more like a vase than a Hollywood starlet.

Even though Sophia Loren looks amazing for her age, we're not sure what she was thinking by choosing this overly-frilly, odd-colored gown.

Jessica Biel needs to comb her hair and tuck in her dinner napkin. Oh, wait, that's part of her dress.

Rick Schroder can't decide whether he wants a mustache or a goatee… and neither really works for him. But his lovely wife, Andrea, looks fabulous in this fun, teal gown.

Last year's best-actress winner Marion Cotillard looks like a goth ballerina in this black and blue tulle creation.

John Legend looks great in a rich, chocolate tux. But, his best accessory is most definitely his drop-dead gorgeous date, who is working this melon-hued halter dress.

Penelope Cruz does her best wedding-cake impersonation as she walks the red carpet in this vintage gown.

Funnyman Judd Apatow sports a classic tux while his wife, Leslie Mann, works it in a head-to-toe sequined gown.

Slumdog Millionaire darlings Freida Pinto and Dev Patel may be attending their first Oscars this year, but they look like seasoned pros in gorgeous and classic ensembles.

Milk's Josh Brolin and his beautiful wife, Diane Lane, go for classic black and make it look phenomenal. We would like him to tame his facial hair a bit more, though.

Doubt's Amy Adams always looks great, but we're not digging the black boning on the bodice of her red gown. We love the amazing necklace, however.

Is Melissa George floating down the red carpet on a cloud? The dress is a little poofy, but she still looks elegant.

Seal looks stunningly handsome, as always, while Heidi Klum goes for the Jetsons look with her saucer-like, one-shouldered red gown.

Bolt's Miley Cyrus struts the red carpet in a clam-inspired, heavily sequined gown that's a bit too old for her. You're only 16, so have a little fun!

Louis Gossett Jr. looks a bit boxy in this over-sized suit, complete with an out-of-place tie. But, his guest looks sweet and age-appropriate in her purple party dress and pashmina.

Virginia Madsen looks svelte and elegant in this fitted, red column dress with an asymmetrical neckline. We hope no one gets too close — they could lose an eye.

The hosts with the most: American Idol and E! News' Ryan Seacrest and Extra's Mario Lopez look dapper.

Dancing with the Stars cohost Samantha Harris flashes a smile in this elegant, one-shoulder blue gown.