"I tried on my dress three nights ago and I didn't want to sleep. I didn't want to take it off," said presenter Jennifer Hudson about her tangerine orange Atelier Versace gown. "I'm excited and nervous. The first time I was at the Kodak was for the American Idol finale and now I'm here handing someone an Oscar, it's incredible." She completed the look with $1 million worth of Neil Lane jewels.