The Golden Globes

The Hollywood Foreign Press may have started the awards show over half a century ago to honor the best of the best in film and television, but let's be honest, the top awards go to the best dressed. The award may have less impact on your reputation than a fashion mistake, and a stunning gown can make you a star whether you win or lose.

So here is the breakdown of the winners and losers - in fashion of course - do you really care who won for best screen play?

According to ABC.com:

Angelina Jolie — Her charcoal-gray, strapless gown was only the beginning. Add the delicate diamond necklace, the sleek updo, the soft smoky eyes, pale lips and a one-of-a-kind accessory, Brad Pitt, and you've got yourself the ultimate Hollywood legend.

Hilary Swank — Her navy blue, spaghetti strap dress fit her perfectly (style note: Fit is crucial!), and the bow detail at the waist added a feminine touch. Natural makeup, 1940s-style finger waves and the diamond flower hair clip made her look, well, super-swanky!

Penelope Cruz — Her fitted, black Chanel Couture gown was anything but basic. The fluttery ruffle detailing on the straps brought attention to her face, as did her Brigitte Bardot-esque hair. Instead of noticing Penelope's dress or makeup or hair, you simply noticed Penelope.

Drew Barrymore — Drew's Hollywood royalty roots were evident last night. When she breezed down the red carpet in her pale pink strapless John Galliano for Christian Dior gown, all eyes were suddenly on her, despite the fact that several other A-listers were in the immediate vicinity.

Cate Blanchett — A modern style icon, Blanchett never fails to impress. Her black lace, off-the-shoulder Alexander McQueen gown with the asymmetrical hem looked even more sophisticated with her barely-there makeup and soft, tousled hair.

Cameron Diaz — Her dark hair and red lips looked particularly striking when paired with a one-shoulder white gown. The ruffle detail on the shoulder and the jeweled black bow belt were especially intriguing.

Meryl Streep — Streep would have made any fashion editor proud with her blush chiffon Carolina Herrera gown.

Julia Louis-Dreyfus — First, the mustard hue. Mustard? Next, the length. While hemlines may be on the rise, it seemed inappropriate for a best actress nominee to opt out of a full-length gown in favor of a knee-length cocktail dress. Plus, the dress didn't fit. Every time we saw Julia, her bustline seemed to be in a different place.

Patricia Arquette — Her unnatural coif and stiff strapless dress made this former Globe winner look like a…well, you know.

Sienna Miller — Love it or hate it, only Sienna could pull off this look. I'm still not sure exactly where I stand on it, but her white and gold patterned gown had a gladiator-meets-goddess vibe that was substantially softened by her Heidi-like braided hairdo.

Jennifer Love Hewitt — Her copper lace George Chakra gown was garish at best, and her overdone hair made matters worse. No love for Jennifer.