My predictions:

Best Picture: No Country for Old Men
Director: Coen brothers
Actor: Daniel Day Lewis
Actress: Julie Christie is the front runner, but I'm going with Marion Cotillard from La Vie En Rose. Although I read foreign performers are rarely rewarded and if so, it's for a well-loved film (ie: Life is Beautiful and that guy that jumped on the chairs). So this is probably Christie's.
Supporting Actor: Javier Bardem
Supporting Actress: Amy Ryan, although less voters probably saw Gone Baby Gone than the other films. This could be the category that they give something to Michael Clayton and Tilda Swinton. The academy is older (Mickey Rooney!) so they may want to give it to Ruby Dee. She's hardly in the movie, but that never matters to Oscar.
Original Screenplay: Diablo Cody, who is wearing $1 million dollar shoes.
Adapted Screenplay: No Country For Old Men, although I'm thinking there could be a surprise winner here. The Coen brothers will win for director and picture, so why not mix it up?
Animated Feature: Ratatouille
Documentary Feature: Sicko, although it probably won't win. I think this is the category that the academy members have to actually see the nominated movies if they want to vote in this category.
Foreign Language: The Counterfeitters
Cinematography: Roger Deakins is nominated twice, I think he'll get it for Jesse James.
Art Direction: Atonement, although There Will Be Blood is close.
Editing: No Country For Old Men
Visual Effects: Transformers
Costume Design: Atonement
Makeup: Pirates
Sound Mixing: Transformers...I think if this wins, the guy that has been nominated 20 times will finally win.
Sound Editing: The Bourne Ultimatum
Original Score: Atonement
Original Song: Enchanted is nominated three times but I think the song from Once.
Animated Short: Peter & the Wolf
Live Action Short: I did eeny meeny: The Tonto Woman.
Documentary Short: Freeheld

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