You know, I'm a little sad Avatar/Cameron didn't win a major award. Say what you will about the simplicity of it's story and theme, but the film was spectacularly successful in realizing a longstanding goal of the cinema of the fantastic, heck, of cinema in general: transporting viewers to another world.
It's almost as if they needed a new Oscar for Avatar. Best Picture/Director seems like too much, but Art Direction/Effects seems too little.
I'm also bummed that Up beat Fantastic Mr. Fox. Up had one of the greatest opening sequences, well, ever (essentially it's own incredibly moving short film) and a terrific central conceit/metaphor, but, in the end, Fox was just as heartfelt and more honest. Both films were wise, but Wes Anderson's was wiser, and, of course, it had the better soundtrack.