"One of the most enduring entertainers of all time, Mr. Steve Martin." -- Alec Baldwin
"And this is Alec Baldwin." -- Steve Martin
After a silly musical lead-in from good old reliable Neil Patrick Harris, Martin and Baldwin launched into their highly-anticipated cohosting duties, firing off quips about (seemingly) every star within earshot. They joked that Best Director nomineeJames Cameron (Avatar) was paid $3 million for the three seconds he was seen on the air sitting in the audience, and that anyone who works with Best Actress nomineeMeryl Streep wonders, "Can that woman act?" Martin even glanced at the star of The Blind Side and asked, "Who doesn't love Sandra Bullock?" to which Baldwin replied, "We'll find out tonight!"