All told, we here at Defamer devoted five hours and forty-six minutes to watching and chronicling the 2008 Academy Awards last night. And wouldn't you know it, during that stretch, there were only a handful of moments that we'll remember next week, let alone next year. To that end, we gave Intrepid Defamer Videographer™ Molly McAleer the unenviable assignment of paring last night's overblown monstrosity down to only its most essential elements. So wave buh bye to no-name costume designers and bid a not-so-fond farewell to Jon Stewart's blandly serviceable monologue, for this two-minute bestlight reel is chock full of moments like Gary Busey neck-raping Jennifer Garner, Joey Fatone drinking Lisa Rinna's milkshake and Tilda Swinton giving George Clooney's rubber nipples the business (among other gems). Enjoy!