The Good, the Bad, and the…

Heidi Klum, Amy Ryan

First things first on tonight’s Oscar red carpet. Ryan Seacrest’s tux looks horrible but at least the E! team is hitting a theme as Kimora Lee and Giuliana Rancic appear to have hired the same stylist. I’ll make my first observations quick since the fashion highs are tip-top and the lows are bad, as in ice-skating-costume-bad.

As of 7:15 EST in order of appearance: Heidi Klum is fantastic in red John Galliano Haute Couture; Amy Ryan looks so, so chic—and minimal—in Calvin Klein, and Amy Adams is very cool and sexy in Proenza Schouler.

As for the so very bad: Saoirse Ronan. My best friend wore the exact same dress to her eigth-grade piano recital. More to come…

Amy Adams, Saoirse Ronan

Photos: Heidi Klum and Amy Ryan Lester Cohen/WireImage.com, Amy Adams and Saoirse Ronan Steve Granitz/WireImage.com