From critically panned Oscar host to critically panned Oscar host. After everyone declared this year’s Oscar ceremony “the worst thing in the history of everything ever” during the annual drudging, everyone was curious to see what co-host James Franco would say. After all, for many people, he was the main whipping boy. Who better to get the post mortem than David Letterman who had his own awkward dalliance with the awards show as well?

Hey, who wants some more Oscars? Presumably no one who actually sat through the entire show last night. However, in case anyone actually does, we’ve got some! The producers of the show have put a deleted scene from the Billy Crystal-esque opening montage of “Look how many movies we can green screen the hosts into!” opening to this year’s show. This alternate scene features hosts James Franco and Anne Hathaway getting their John Travolta and Olivia Newton John on with a rendition of the closing song from Grease.

Looks like the Academy of Motion Picture Arts and Sciences is trying something new this year. Though the Academy Awards are usually hosted by a comedian—Bob Hope, Johnny Carson, Whoopi Goldberg, Steve Martin, and Jon Stewart have all had the honor, to name a few—this year, the ceremony will be headed by two people who identify first and foremost as actors: Anne Hathaway and James Franco.

Who: Alec Baldwin interviewed by Janet Maslin What: TimesTalks’ “Live with Alec Baldwin”Where: The Times CenterWhen: December 3, 2009Thumbs: Up

Double your pleasure, double your fun? It’s just been announced that Steve Martin and Alec Baldwin will co-host this years Oscars. Here’s what the producers and the upcoming co-hosts had to say about the decision. Plus, a video preview…sort of.