LiveBlog: Oscars Red Carpet

8:30 – And, it’s time for the show to begin!

8:24 – Brian Grazer reveals that the show will feature a Cirque du Soleil piece.

8:16 – Jessica Chastain, in Alexander McQueen, is trending as best dressed.

8:13 – Sandra Bullock, in a black and white Marchesa, raves about Extremely Loud and Incredibly Close costar Tom Hanks.

8:06 – The briefcases containing the Oscars envelopes make their way down the red carpet!

8:03 – Bradley Cooper seems to have questionable taste tonight. He expresses hopes for a Hangover 3 (while sporting a rather unfortunate moustache).

8:00 – Cameron Diaz says there were too many beautiful dresses to choose from this year, but settled on a strapless, neutral-colored Gucci.

7:55 – Penelope Cruz looks stunning in Armani Prive. “I know what I like.”

7:54 – Zach Galifianakis didn’t shave, but at least he took a bath and washed his moustache…or so he says.

7:53 – Nick Nolte enlightens us about his two pet crows and a pinball machine.

7:51 – Jennifer Lopez on the red carpet. Maybe next time she should consider covering up a bit more in the front?

7:46 – Nina Garcia loves Michele William’s Louis Vuitton gown and crocodile clutch. (Tim Gunn agrees).

7:45 – Jean Dujardin does a little dance on the red carpet. “I am not a star, I am a human! …I am not a puppet. I am an artist.” Then apologizes for shaving off his moustache.

7:42 – Livia Giuggioli (Colin Firth’s wife) is gorgeous, but she looks like she has a fan attached to the front of her gown.

7:41 – Tina Fey wears a black peplum Carolina Herrera (custom) and sky-high hair.

7:39 – Kristen Wiig hopes for “some kind of a jazzy opening” to the ceremony.

7:34 – Melissa McCarthy is here with her mom, Sandy! She looks beautiful in a peach-toned custom dress by Marina Rinaldi.

7:31 – Christopher Plummer: “There’s not much time.”

7:29 – Michelle Williams, in a coral Louis Vuitton, discusses half-baked vs. full-baked Marilyn Monroe with Tim Gunn. She is the full-baked Marilyn, of course.

7:22 – Nina Garcia calls Rooney Mara ”Audrey Hepburn gone punk” in a white Givenchy, low-backed gown.

Our favorite personalities from Project Runway, Nina Garcia and Tim Gunn review red carpet looks on ABC!

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