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Lisa Rinna delivers Oscar red-carpet rundown

From gowns to jewelry, fashions lit up the night
/ Source: Access Hollywood

The lovely ladies of Access Hollywood always brighten the red carpet like no one else can. And this year, the newest face in the Access family was definitely Oscar ready as we unleashed our fabulous fashionista Lisa Rinna to break down the best red carpet fashions.

From Felicity Huffman's plunging steel gray Zac Posen to Michelle Williams' daring mustard-hued Vera Wang to Charlize Theron's big-bowed green Dior couture, in true movie star fashion, the ladies were certainly not afraid to take chances.

"It's a movie star dress," Felicity Huffman joked of her stunning look. Certainly, a departure from anything we'd see her "Desperate" character Lynette Scavo wearing.

And for a short period of time, the Oscar red carpet turned into a sea of blue, as stars like Salma Hayek in blue Versace and Sandra Bullock in Angel Sanchez strolled by.

"I think this is my best red carpet look so far," Jada Pinkett Smith told us of her strapless electric blue Cavalli gown, which we thought was perfect to kick off our fashion awards, scoring Jada an Access Best Dressed Compact mirror.

"I'm giving you the best looking couple of the night award," Lisa told Jada and husband Will Smith, who was also looking dapper.

"This is the first time it's ever happened – she matched me this time. How many of those best dressed things do you have back there?" Will joked.

And another stunning award-winning couple was Jessica Alba and Cash Warren. It was just too bad the Best Dressed Couple honor was a one of a kind.

"We already gave away the couple award to Will and Jada, but they're just as cute!" our Nancy O'Dell told Lisa.

So we gave golden clad Jessica one anyway, and found out that apparently great looking couples think alike.

"How many of these are you giving out?" Jessica inquired.

Maybe she and Will were talking.

Nevertheless, Jessica also showed us her hidden ladybug tattoo on the back of her neck.

"Now this is something a lot of the girls in your family did, right?" Nancy asked Alba.

"Yes, my aunt, my mother, my cousin. We all got the same tattoo, sort of a bonding thing," Jessica revealed.

And Jessica was just one of the Golden Goddesses to grace the Oscar red carpet.

Uma Thurman was stunning in an airy Versace and new mom Jennifer Garner (sans Ben) made Michael Kors proud.

"You look so gorgeous," Lisa told Jen.

"Thank you," Garner replied.

Of course, high fashion is about much more than the clothes. On the diamond front, the ladies did not disappoint, as many were dripping in Fred Leighton.

Michelle Williams, Uma Thurman and Nicole Kidman (whose ivory Balenciaga matched her porcelain skin) wore bracelets valued at $850,000.

Reese Witherspoon opted for a $45,000 hair pin and Dolly Parton, who wasn't messing around, showed off $2 million worth of gems.

While Keira Knightley's multi-colored Bvlgari necklace was impressive, it was Salma Hayek taking the cake as her earrings and ring cost around $4.3 million.

And as the gorgeous gals made their way down the red carpet, we couldn't help but notice all of the waves pointed directly at our cameras. Can't imagine the "Wave to Access" sign had anything to do with it.

But back to the gowns.

While many stars went for brand new, Reese Witherspoon opted for something a little older.

"It's an original Christian Dior from 1955," Reese said of her dress. "I found it in a vintage store in Paris and it's mine! I'm so happy about that."

Because her Golden Globe gown was worn by Kristen Dunst three years earlier, she left no question this was an original.