Anne Hathaway & James Franco as Oscar Hosts: Thumbs Up or Down?

UPDATED 02/28/2011 at 08:00 AM EST Originally published 02/27/2011 at 09:20 PM EST

Oscars - Anne Hathaway & James Franco as Hosts: Thumbs Up or Down?
James Franco and Anne Hathaway
Bob D'Amico/ABC
Was it all a dream?

No, this year's first-time Oscar co-hosts Anne Hathaway and James Franco opened this year's ceremony in spoof of the year's top movies, leading with Leonardo DiCaprio in Inception ... and stepping into Alec Baldwin's dream, narrated by Morgan Freeman.

The evening's two hosts then dipped into The Social Network, The Fighter, True Grit, The King's Speech and Black Swan, with Hathaway performing "The Dance of the Brown Duck."

Finally ending up on the stage of Hollywood's Kodak Theatre, Hathaway and Franco then joked with audience members, including Franco's grandmother, who exclaimed, "I just saw Marky Mark!"

Tell us: Did you enjoy this start of the 83rd Oscars?

For the list of winners, click here.

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