Oscar night brings the stars out in high-wattage glamour and for many of us, the fashion is the sole reason to watch.

The term power lunch took on a new meaning when 140 Hollywood stars including Clint Eastwood, Leonardo DiCaprio, Steven Spielberg, Martin Scorsese, Will Smith and Penelope Cruz tucked in at the 26th annual Oscar Nominees Luncheon.

Ellen DeGeneres will host the Oscars for the first time in 2007.