Well folks, let’s hope this is not the only star-studded gala that we get to see this year. But you know some of these actors are thinking this is my best chance to deliver a moving speech. Now if they could only dispense with the stupid TV awards and get down to the races people really care about. Anyways, here are our predictions.

Best Actor: Daniel Day-Lewis, There Will Be Blood

This is a no-brainer. We’d love to see Clooney upset, as he really delivered a hell of an understated performance, but Day-Lewis has all the momentum right now.

Best Actress: Marion Cotillard, La Vie En Rose

The safe pick is Julie Christie, but remember that Cotillard did win the Golden Globe as well. She has the more showy performance and we just don’t think Christie is as beloved as last year’s Helen Mirren. A Cotillard win could pave the way for Ellen Page to take it at the Oscars.

Best Supporting Actor: Javier Bardem, No Country For Old Men

He’s got this in the bag, and he deserves it. One of the greatest movie villains ever.

Best Supporting Actress: Cate Blanchett, I’m Not There

Blanchett is so popular with the actors guild that she’ll edge out a possibly more deserving Amy Ryan and the brilliant Tilda Swinton.

Best ensemble in a motion picture – Hairspray

This will be the shocker of the night. “No Country” is the only Best Picture contender in this category, so it’s expected to win, but we think voters may bee “No Country” is more or less Javier Bardem’s show and award this prize to a true ensemble pic. If our prediction is correct, this news will spark instant reaction that “No Country” is showing signs of weakness in the Best Picture race. Wouldn’t that be something?