Best Picture: The late surging Baby might take this from The Aviator, or then again, it might not.

Will Win: (Mike) Million Dollar Baby; (Mónica) The Aviator

Should Win: (Mike) Sideways; (Mónica) Million Dollar Baby

Should've Been Nominated: Eternal Sunshine of the Spotless Mind

Best Director: The most nail-biting race of the night. Eastwood won the Director's Guild but Scorsese has long gone unrecognized for a lifetime of amazing work. It's anybody's guess.

Will Win: (Mike and Mónica) Clint Eastwood, Million Dollar Baby

Should Win: (Mike) Martin Scorsese, The Aviator; (Mónica) Clint Eastwood, Million Dollar Baby

Should've Been Nominated: Michel Gondry, Eternal Sunshine of the Spotless Mind

Best Actress: After knocking out the competition at the Globes and SAG awards, Swank should be able to pick up a second Oscar, unless voters feel the need to spread the wealth to other un-gilded actresses.

Will Win: (Mike and Mónica) Hilary Swank, Million Dollar Baby

Should Win: (Mike) Kate Winslet, Eternal Sunshine of the Spotless Mind; (Mónica) Hilary Swank, Million Dollar Baby

Should've Been Nominated: Julie Delpy, Before Sunset

Best Actor: Foxx has been the frontrunner for four months, and his win is the most locked of all the acting categories.

Will Win: (Mike and Mónica) Jamie Foxx, Ray

Should Win: (Mike) Leonardo DiCaprio, The Aviator; (Mónica) Jamie Foxx, Ray

Should've Been Nominated: Gael Garcia Bernal, Bad Education; Paul Giamatti, Sideways

Best Supporting Actress: A three-way race between Virgina Madsen, Cate Blanchett and Natalie Portman.

Will Win: (Mike) Virginia Madsen, Sideways; (Mónica) Cate Blanchett, The Aviator

Should Win: (Mike) Virginia Madsen, Sideways; (Mónica) Natalie Portman, Closer

Should've Been Nominated: Daryl Hannah, Kill Bill: Vol. 2

Best Supporting Actor: After winning the SAG, pathos for the old man says Freeman is overdue for a win. He will probably get one here.

Will Win: (Mike and Mónica) Morgan Freeman, Million Dollar Baby

Should Win: (Mike and Mónica) Clive Owen, Closer

Should've Been Nominated: David Carradine, Kill Bill: Vol. 2

Original Screenplay: Although this one's still up in the air, Sunshine has won the Writer's Guild, and genius Charlie Kauffman has gone unrewarded for far, far too long.

Will Win: (Mike and Mónica) Eternal Sunshine of the Spotless Mind

Should Win: (Mike and Mónica) Eternal Sunshine of the Spotless Mind

Should've Been Nominated: Maria Full of Grace

Adapted Screenplay: Sideways has dominated this category, winning nearly every adapted screenplay award. It's also damned good.

Will Win: (Mike and Mónica) Sideways

Should Win: (Mike) Sideways; (Mónica) Before Sunset

Should've Been Nominated: Closer

Foreign Film: (Mike and Mónica) The Sea Inside

Oscar bait subject material (quadriplegics) and its status as an all-powerful biopic should assure victory for Spain's entry against much lesser known contenders.

Editing: (Mike) The Aviator; (Mónica) Million Dollar Baby

After winning the Editing Guild award, The Aviator appears in front but Million Dollar Baby's likely Best Picture win may get it another golden guy here.