Seth MacFarlane, Not Terrible
Not that that's saying much, but for the most part I enjoyed his schtick. I even loved the self-aware skit at the beginning of the show (after all, the host is always going to get blamed for the laborious efforts of the show's producers - too often, the host is the one catching heat for this every year). MacFarlane didn't reinvent the wheel, but his jokes were funny enough by middlebrow Oscar host standards, and the few zingers that he did bring hit home pretty well (his line before the Best Actress award was probably best in show). As much as I don't want to say this, if he were to come back to host a second time, I don't think I would mind.
Christoph Waltz, A Huge 'DUH!' in Retrospect
I even wrote this in my predictions piece, but even I overlooked it. Waltz had won most of the awards going into last night's ceremony (including the Golden Globe and the BAFTA). But for some reason most people could not get past the raging hype that was supporting Tommy Lee Jones (who did win the SAG award, after all) and the somewhat charming, somewhat sentimental storyline that it would be nice to give Robert DeNiro a third Oscar for his first fully realized performance in what felt like forever. In the end, I think it was Waltz' very recent first win that turned most people away from him actually predicting him. Django Unchained actually had a better night than most expected, when Quentin Tarantino picked up his second Oscar for Original Screenplay (another thing most people weren't predicting), and went on to give a speech which I'm sure ingratiated and pissed people off in equal measure.