8:39PM EST
Off to a good start with the hosts, James Franco and Anne Hathaway, inserted into scenes from several of the Oscar nominees, on an Inception theme. The writing is funny and their performances sparkle – but mostly, the writing is funny. Best gag: Morgan Freeman narrating Alec Baldwin’s dream. Then Franco and Hathaway opened up with a decent opening banter poking fun at themselves as tools to attract a young
