Academy Awards 2012 wrap-up

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The Oscars took place last night. The show was pretty lean this year, clocking in at just under 10 hours.

The most entertaining moment came pre-ceremony when Sacha Baron Cohen dumped Kim Jong-il's 'ashes' all over Ryan Seacrest.

Oscar fans set up gambling pools. Some call it the "Gay Super Bowl."

There were some snubs, like Uggie the dog, who wasn't even nominated.

Makes you wonder just how "the academy" makes their picks... 

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