1 of 40 Alberto E. Rodriguez/Getty Images
Hit
Sandra Bullock is the belle of the ball in her understated silver gown with flower embellishments over the bodice. Beautiful!
2 of 40 Steve Granitz/WireImage.com
Miss
Mariah Carey isn't shy about showing off cleavage in her navy gown. And with that exceptionally high slit, she's also not afraid to show off her legs.
3 of 40 Alberto E. Rodriguez/Getty Images
Miss
In this futuristic gown, Amanda Seyfried looks like she's wearing a shield of armor covered in bubble wrap. The future is not flattering.
4 of 40 Steve Granitz/Getty Images
Hit
We love the femininity of Queen Latifah's pink one-strapped gown. We're particularly fond of the jeweled sash, and the fit really shows off her curves.
5 of 40 Steve Granitz/WireImage.com
Miss
Was Zac Efron's hair stylist trying to play a practical joke? From the front, the star's hair has a messy-chic look, but the back is just bed-head city.
6 of 40 virginia madsen
Hit
Virginia Madsen is elegant and sophisticated in a black gown with a sheer overlay gathered around the neck.
7 of 40 Alberto E. Rodriguez/Getty Images
Miss
There appears to be a purple poodle attached to the bottom of Zoe Saldana's gown.
8 of 40 Jason Merritt/Getty Images
Miss
Did Vera Farmiga just come from under the sea? Nice color, but that's one too many seashell ruffles for our taste.
9 of 40 Alberto E. Rodriguez/Getty Images
Hit
Robert Downey, Jr., summons recollections of his role in Chaplin with this clown-sized bowtie. At least it matches his tinted shades. And, amazingly, it works.
10 of 40 Alberto E. Rodriguez/Getty Images
Miss
The fabric of Maggie Gyllenhaal's gown is a bit too beach-party casual for the most prestigious red carpet of the year.
11 of 40 Alberto E. Rodriguez/Getty Images
Hit
Cameron Diaz should wear her hair down more often. And her gold gown absolutely glows on the red carpet.
12 of 40 Alberto E. Rodriguez/Getty Images
Miss
Is Carey Mulligan hiding a giant magnet under her dress? There are way to many metal trinkets latched onto that gown.
13 of 40 Frazer Harrison/Getty Images
Miss
Really, Charlize Theron? It looks like two giant rosettes are grabbing her breasts from behind.
14 of 40 Alberto E. Rodriguez/Getty Images
Hit
Elizabeth Banks' gray gown with a ruffled bottom is soft and sweet, and we love the delicate sparkling headband.
15 of 40 Alberto E. Rodriguez/Getty Images
Miss
Could Miley Cyrus try to look any older? The bead-trimmed bra is not helping the situation.
16 of 40 Jeff Vespa/WireImage.com
Hit
Law & Order: SVU's Mariska Hargitay is simply sublime in a black strapless gown that fits her flawlessly.
17 of 40 Alberto E. Rodriguez/Getty Images
Hit
Sigourney Weaver looks lovely as usual. Red is the perfect color choice, and the brooch on the shoulder is just ravishing.
18 of 40 Kevin Mazur/WireImage.com
Draw
Mo'Nique is drop-dead gorgeous in her cobalt gown, but gigantic flowers in her hair ruin the overall look.
19 of 40 Steve Granitz/WireImage.com
Hit
Does Demi Moore age backwards? Her flesh-toned gown, with a crisscrossed bodice and rippling ruffles, is gorgeous.
20 of 40 Steve Granitz/WireImage.com
Miss
Sarah Jessica Parker's gold gown appears to be wearing a tin-foil tiara. And we're not digging the gown's apron fit or jacked-up hairdo.
21 of 40 Lester Cohen/WireImage.com
Miss
We're really not feeling Ryan Reynolds' bouffant. And his bowtie is oddly small, no?
22 of 40 Frazer Harrison/Getty Images
Hit
Helen Mirren's light gray dress with a shimmering overlay and sleeves is soft and demure.
23 of 40 Alberto E. Rodriguez/Getty Images
Miss
There's way too much going on with Diane Kruger's overly ruffled halter-dress.
24 of 40 Steve Granitz/WireImage.com
Miss
What is with the bubble-wrap dresses? Jennifer Lopez looks like she has an extra bottom half attached to her hip — and we all know she doesn't need it.
25 of 40 Steve Granitz/WireImage.com
Hit
Talk about a knockout! Castle's Stana Katic is a vision of sleek beauty in a white fitted gown with silver accents.
26 of 40 Alberto E. Rodriguez/Getty Images
Miss
Kristen Stewart doesn't look very comfortable in her black mermaid gown with a sweetheart neckline. It just looks awkward.
27 of 40 Jason Merritt/Getty Images
Miss
Keanu Reeves is a prime example of someone who should not be sporting the facial hair. It somehow makes him look emaciated.
28 of 40 Alberto E. Rodriguez/Getty Images
Miss
As attractive as George Clooney is, his unkempt hair is pretty heinous. He could stand some product, or a haircut.
29 of 40 Alberto E. Rodriguez/Getty Images
Draw
Though we love the navy color on Gabourey Sidibe, she's too young for the stuffy embellishments.
30 of 40 Jason Merritt/Getty Images
Hit
Dusty rose is lovely on Anna Kendrick. Her off-the-shoulder gown and soft hair style are dazzling.
31 of 40 Steve Granitz/WireImage.com
Hit
Tina Fey's one-shoulder gown with shimmering black appliqués is definitely a show stopper.
32 of 40 Jason Merritt/Getty Images
Draw
We love the Avatar blue that James Cameron and wife Suzy Amis are wearing, but her overall look is not flattering on her thin frame.
33 of 40 Kathy Ireland
Hit
Kathy Ireland is statuesque in this black column dress with a flattering gray pattern.
34 of 40 Jason Merritt/Getty Images
Miss
Usually, too much skin is the problem for red carpet dresses. But Nicole Richie could stand to show a little more in this textured gown, draped over her entire body. The hair is too severe as well.
35 of 40 Alberto E. Rodriguez/Getty Images
Hit
Quentin Tarantino and Quinton Aaron look sharp in their all-black tuxes and satin ties.
36 of 40 Alberto E. Rodriguez/Getty Images
Miss
Is that a spring coming out of the waist of Molly Ringwald's purple gown? Between her thick bangs and that bad cuff, she looks a bit too Cleopatra.
37 of 40 Steve Granitz/WireImage.com
Hit
Meryl Streep is ravishing in her sleek and understated gown, designed by Project Runway's Chris March.
38 of 40 Jason Merritt/Getty Images
Hit
As always, Taylor Lautner cleans up nicely for the red carpet in his perfect-fitting tux and sexy studs. You can almost hear the teen girls screaming.
39 of 40 Steve Granitz/WireImage.com
Hit
The silver corset top of Kate Winslet's gown fits her like a glove, and her diamond-drop necklace would make any girl drool.
40 of 40 Alberto E. Rodriguez/Getty Images
Hit
Even with the scruffy facial hair, Gerard Butler makes the ladies' heads turn in his dapper black tux.