They may have been on stage the longest of any of the night's presenters, but Wiig and Ferrell managed to make their time in the spotlight count. And what better award to make light of than Best Actress in a Comedy or Musical, a category which featured performances as gut-bustingly hilarious as Emily Blunt's in "Salmon Fishing in the Yemen"? As spot-on as the comedians were (among other things, they highlighted Mariel Streep's incredible performance as the "sassy sheriff" in "Hope Springs"), the best moment actually came with that Tommy Lee Jones reaction shot. In a nutshell: he was not amused.

- Chris Eggertsen