LOL! Alec Baldwin & Steve Martin's Best Oscar Zingers

03/07/2010 at 11:45 PM EST

LOL! Alec Baldwin & Steve Martin's Best Oscar Zingers
Steve Martin and Alec Baldwin
Michael Caulfield/WireImage
After Neil Patrick Harris brought down the house with a musical number heralding the arrival of this year's Academy Awards co-hosts Steve Martin and Alec Baldwin, the guys wasted no time cracking up the audience – and picking on the night's biggest names.

Nobody was safe – not Meryl Streep, Zac Efron nor Matt Damon – from Baldwin and Martin's repartee. Here are some of the duo's best lines:

• "[Best Actress nominee] Gabourey [Sidibe] and I have something in common: In our first movies we were both born a poor black child." – Steve Martin, joking about his beloved comedy The Jerk

• "She was so pleased to be nominated with him, she sent him a beautiful gift basket with a timer." – Steve Martin, on Best Director winner Kathryn Bigelow (The Hurt Locker), who was nominated against her ex-husband, James Cameron (Avatar)

• "Take a good look at us guys! This is you in five years." – Steve Martin to young stars Efron and Taylor Lautner

• "The moustache Brad Pitt wore in Inglourious Basterds was the same one Salma Hayek wore in Frida." – Alec Baldwin, on the actor's facial hair in Quentin Tarantino's World War II flick

• "Now we'd like to introduce two beautiful actresses. Because frankly, we're sick and tired of bringing out all these ugly actresses." – Steve Martin, introducing presenters Carey Mulligan and Zoe Saldana

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