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And the most disappointing oscar loss goes to...

by Matt Kilgore
And the most disappointing oscar loss goes to... by Matt Kilgore

There may be others but
(1) Social Network, in the category of Picture/Director
(2) Exit Through the Gift Shop. Doc
(3)The Crush. Short Live Action
(4) Amy Adams in the Fighter instead of Leo.
(5) True Grit for its brilliant Cinematography.