U.S. Box Office: $119 million
Actual nominees that year:  "Crash," "Brokeback Mountain," "Capote" "Good Night, and Good Luck," "Munich"
Winner: "Crash"

Justification: One of the most independent years ever, jaws were on the floor when "Walk the Line" -- a staple of that year's award season -- was trumped by comeback kid "Munich," a movie long thought dead as a best picture contender.  Judging from the film's five nods, it's clear it barely missed the cut.  

Other potential nominees: "Cinderella Man," "Match Point," "The Constant Gardner," "King Kong," "Charlie and the Chocolate Factory," "Pride & Prejudice"

[Note: The irony, is that if this year's system was in place in 2005, there would have been so much splitting of the vote that "Brokeback," with it's passionate fanbase, probably would have won and upset winner "Crash" would have been an afterthought.]