It's been a fun night, watching the Academy Awards. Here are some of my comments, as the show goes on:

-- Good news: Baz Luhrmann created that spectacular number, celebrating the return of the movie musical. Luhrmann's touch -- in "Moulin Rouge," "Romeo and Juliet," "Australia" and more -- is masterful. This was a grand moment.

-- Bad news: Five presenters for one awards? That's approximately four too many.