Academy Awards 2008

Best Dressed at the Oscars

Forget the acting, it's all about the gowns. See who the big red-carpet winners were (Penélope! Cate!) on Hollywood's biggest night. By Melissa Liebling-Goldberg

PENÉLOPE CRUZ

The Best Actress nominee for Volver goes for all-out drama in an elaborate blush Atelier Versace gown with a sweeping train, and topped with a Swarovski clutch and Chopard diamonds.