Oscars 2011: Ranking the Red-Carpet Fashion Highs and Lows

You had us at beard.

At Refinery 29's Oscar Viewing Party at the W Hotel in Union Square last night, we waited eagerly to be wowed by the celebs on the red carpet. Alas, that moment never came. We mostly shrugged, "meh"ed, and nodded. Not even Helena Bonham Carter, whose eccentricity has kept us entertained in the past, could hold our attention with her basic black corset dress. Perhaps last month's Golden Globes simply sucked out everyone's rebellious fashion potential for the Oscars -- or maybe, because loads of them got creamed for it, celebs decided to dress safe...in other words, boring. Maybe that's why James Franco seemed baked, and why the show overall sort of blew. But we don't want to be a complete drag, so here are our picks of the fashion highs and lows from last night's Oscars.

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Best Boob Placement. There's no denying Jennifer Hudson's extraordinary weight loss, but this dress accentuates that point on another level.