It's that time again – in roughly 15 minutes, a couple of sleepy-eyed actors will breeze through a list of names, and millions of dollars in advertising captial will thus be validated or negated. Oh, and a few talented artists will probably also get some recognition. Refresh this page, like, constantly, because as the names come in, I'll be typing them in. And don't forget to bitch and praise in the comments!

8:19 Predictions? Some lazier corners of the media, bored of the Brokeback hype, are using Crash's Sunday win at the SAG Awards as reason enough to declare the gay cowboys' reign to be over. I don't buy it – what do you think?

8:33
I'm watching the coverage on the TODAY show, and they're saying the announcement isn't happening until 8:40? WTF? Is it on E! yet?

8:39 Katie Couric – looking like a grandma in a giant blue ... thing – is sitting with Dave Karger from Entertainment Weekly. He says Walk the Line is gonna get cut out of everything but acting races. Katie throws to Matt in Washington, who she calls Mr. Hollywood.

8:40 Sid Gannett, president of AMPAS, is presenting with Mira Sorvino

8:41 Here they are:

Supporting Actresss - Amy Adams, Junebug; Catherine Keener, Capote; Frances McDormand, North Country; Rachel Weisz, The Constant Gardner; Michelle Williams, Brokeback Mountain

Supporting Actor
– George Clooney, Syriana; Matt Dillon, Crash; Paul Giamatti, Cinderella Man; Jake Gyllenhaal, Brokeback Mountain; William Hurt, History of Violence

Actress
- Judi Dench, Mrs. Henderson Presents; Felicity Huffman, Transamerica; Keira Knightley, Pride and Prejudice; Charlize Theron, North Country; Reese Witherspoon, Walk the Line

Actor
- Philip Seymour Hoffman, Capote; Terrence Howard, Hustle and Flow; Heath Ledger, Brokeback Mountain; Joaquin Phoenix, Walk the Line; David Strathairn, GD&GL

Director
- Ang Lee, Bennett Miller, Paul Haggis, George Clooney, Steven Spielberg

Original Screenplay
- Crash, GNGL, Match Point, Squid and the Whale, Syriana

Adapted Screenplay
- Brokeback Mountain, Capote, Constant Gardener, History of Violence, Munich

Foreigh
- Don't Tell, Merry Christmas, Paradise Now, Sophie Scholl, Tsotsi

Animated
- Howl's Moving Castle, Corpse Bride, Wallace and Gromit

Best Picture
- Brokeback Mountain, Capote, Crash, Good Night and Good Luck, Munich

8:50 To paraphrase the legendary Robert Evans: Suprises? There were a few. Terrence Howard, hot off his stint on the Sundance 2006 dramatic jury, pimped his way to a nod. History of Violence came out stronger than expected, with 2 major nominations, and it's nice to see Jake Gyllenhaal finally get some recognition for his showier-than-Ledger's work in Brokeback Mountain. But most striking, is the resurrection of Steven Spielberg and Munich. Left-for-dead after its Golden Globes almost-shutout and that whole BAFTA snafu, it popped up here as a real contender. Capote is in a similar boat: a film previously thought to have little general support made an appearance this morning in virtually every major category.

Are you stunned? Pissed? Ecstatic? Let us know.