We don't love minidresses with trains, but the unique color combination and flow of Elizabeth Banks' gown is to die for.

Don't get us wrong: We're all about showing a little leg. But the focal point of Kate Beckinsale's shimmering black gown is the slit, as opposed to her fun belt.

Naomi Campbell's striped gold mermaid dress is proof that vertical lines are not always flattering to the figure.

It's hard to call Naomi Watts' well-tailored black dress a miss, but it's so boring that it's not worthy of being a hit either.

The purple-blue color of Paris Hilton's strapless gown is really working for her, as is the long, flowing overlay.

Um, yeah. Why does Lindsay Lohan have seaweed hanging over her shoulders? And if you look closely, you can actually see the frayed hem of her ultra-short minidress. Classy.

Never, never, never could a sparkling jumpsuit be considered attractive, even if it's Marion Cotillard wearing it.

While Cate Blanchett's dress is interesting and eye-catching, the pile of tulle under her dress needs to go.

The one-shoulder look is getting played out. Yet, Salma Hayek's unique take on the style makes her dress a knock-out.

Eva Longoria Parker could pass for a stunning bride in this tiered white gown with a cathedral train.

Frilly princess dresses are hard to pull off, but Kate Beckinsale's blue-gray gown really makes a splash on the red carpet.

Kathy Griffin's simple frock is cute and flattering, but there's really no wow factor.

A black leather jacket really enhances Ashley Tisdale's bright, young minidress.

The blue-and-white swooshes on Amanda Seyfried's strapless minidress are super cute and add the right amount of texture.

Jennie Garth's gray frock fits her like a bag and the color combinations are pretty hideous as well.

Edyta Sliwinska's super short asymmetrical dress is a little too hoochie mama. And are those dyed-to-match shoes?

Is Michelle Trachtenberg going to a corporate job interview? Her outfit isn't exactly what you think of as red-carpet attire.

Ugh. Mary-Kate Olsen looks like she just stepped out of a Florida retirement community.

Navy blue works perfectly with Catherine Zeta-Jones' dark hair and eyes. The loose, draped fit is very modern and flattering. The shoes? Debatable.

Is that a child's arts-and-crafts project tacked on to the front of Alexis Bledel's dress? No, seriously, what is that?

Jamie-Lynn Sigler looks great in bright yellow, but there's too much puckering on her pleated dress.

The all-over ruching on Jessica Lowndes' black dress is flawless, and her sheer shoes are super-sexy.

The cut-out silhouette of Lea Michele's champagne gown doesn't do anything to accentuate her figure.

Ashton Kutcher and Demi Moore rock the red carpet, as usual, in matching black outfits.

Jennifer Lopez knows how to wear a typical princess gown with edge — and a smokin' hot edge at that.

It's hard to say what's worse: the feather duster sitting on Christina Hendricks' shoulder or the borderling pornographic, too-tight bodice.

Zoe Saldana's shimmering, one-sleeved dress fits her flawlessly.

Chloe Sevigny's poufy, high-necked frock looks borrowed from Lizzie Borden. The crazy eyes don't help this association.

A cropped mermaid dress with a train is not pretty — nor is Eva Longoria's intense blue eye shadow action.

Christina Ricci's flowing lime green dress is beautiful on her, but it needs a shorter hem. All that fabric around her ankles draws too much attention to her frumpy shoes.

Claire Danes' accessories are cute, but the dress itself looks like a handful of crumpled tissues.

We love how Kate Hudson's purple dress loosely gathers at the hip, and the long beaded necklace complements the look perfectly.

The whole sheer-black-over-nude look only works in small doses. In Gwyneth Paltrow's case, it just might be overkill.

Natalie Portman is sporting a messy-chic sheer red minidress, which is enlivened by a sparkly belt.

Sarah Jessica Parker's teal jacket is adorable, but we wish she had paired it with anything other than that skirt.

Yowza! Now that's a set of heels. Jessica Alba goes city-chic in a black, form-fitting minidress.

Not only is America Ferrera's dress a snoozefest, it makes her like 10 years older than she is.

The unique wrapped textures of Eva Mendes' elegant nude dress are stunning and one-of-a-kind.

Adrian Grenier shows off his new shorter 'do in an impeccably tailored black suit and a hot pink tie.

Patricia Arquette could pass for a grandma in this flop of a two-piece.

No one wears a tux better than Project Runway's Tim Gunn. Nina Garcia looks good in her funky, feathery dress — but we're not sure about what's hanging around her neck.