Tinsel Town is buzzing with anticipation as they get ready to glam it up on the red carpet at the 79th Academy Awards this Sunday.

This year's telecast promises to be something really special. Ellen DeGeneres will be hosting the event and both the Academy and viewers at home are hoping the night's entertainment has heavy doses of her witty charm.

Scheduled presenters for the evening include Ben Affleck, Jessica Biel, Jack Black, Steve Carell, and Tom Cruise.

And so we wait with baited breath to see the gorgeous glitterati dressed up to the nines - only two days to go!

Stay tuned for Think Fashion's Oscar report; we'll let you know whose style was a hit or a miss on the red carpet. Want to know who made the cut at last year's Oscars? Take a look at our top three best dressed celebs from Oscar night 2006.

Who will take home the elusive Oscar? Check out our predictions here.