While it's always fun to see who wins, the real Oscar excitement happens on the red carpet before the show even starts.

PHOTOS: All the Oscar style and beauty trends

Despite sticking to her usual black, Angelina Jolie smoldered in a velvet Atelier Versace gown with a thigh-high slit.

While some critics said she resembled a trophy, we thought Stacy Keibler was the epitome of glamour in a gold Marchesa design.

But as always, not everyone was a hit. In the video above, Us Weekly editors Andrea Lavinthal and Justin Ravitz take on the best and worst dressed at the Academy Awards.

Tell Us: Who were your top picks and who missed the mark?