We're rolling out the red carpet for the GuySpeak Oscar Live Chat! This Sunday, at 7pm EST, the GuySpeak guys (and Gal) take the live blog stage to offer their snarky commentary on all the fashions, drama, and endless acceptance speeches at the 2011 Academy Awards. 

To get you ready for Sunday's festivities, here's a handy guide to who will win (and lose) in the major categories. Tell us your predictions in the comments. See you at the big show!

Best Actor

Javier Bardem, Biutiful

Jeff Bridges, True Grit

Jesse Eisenberg, The Social Network

Colin Firth, The King's Speech

James Franco, 127 Hours

Who Will Win: Colin Firth is one of the few locks of the night. Always bet on the handsome Brit to destroy the American competition.

Best Actress

Annette Bening, The Kids Are All Right

Nicole Kidman, Rabbit Hole

Jennifer Lawrence, Winter's Bone

Natalie Portman, Black Swan

Michelle Williams, Blue Valentine 

Who Will Win: Portman has the buzz, but Bening could be an upset if the Academy decides to give her the Oscar she should have won for Being Julia. Natalie should (and probably will) win, but I also have a soft spot for Michelle Williams' moving performance in Blue Valentine. (Also, Grizzly Bear should have gotten a Best Score nom for their epic and lilting music. Check out the brilliant end credit sequence if you don't believe me.)

Best Supporting Actor

Christian Bale, The Fighter

John Hawkes, Winter's Bone

Jeremy Renner, The Town

Mark Ruffalo, The Kids Are All Right

Geoffrey Rush for The King's Speech 

Who Will Win: Christian Bale went through a drastic physical change in order to play a dirtbag crack addict. Outside of bribing one of the accountants who tally the votes, there's no better way to score an Oscar than to get super skinny for your art.

Best Supporting Actress

Amy Adams for The Fighter

Helena Bonham Carter, The King's Speech

Melissa Leo, The Fighter

Hailee Steinfeld, True Grit

Jacki Weaver, Animal Kingdom

Who Will Win: Leo took the Golden Globe and most of the year-end critic prizes, so betting on her is a good way to win your office Oscar pool. (If the award was for "character with the biggest hair," she'd be a lock.)

Best Director

Darren Aronofsky, Black Swan 

Ethan Coen & Joel Coen, True Grit

David Fincher, The Social Network

Tom Hooper, The King's Speech

David O. Russell, The Fighter

Who Will Win: Fincher is pretty much a guaranteed win here. Either The Social Network sweeps and takes Fincher along with it, or he scores a directing win as a way for the Academy to honor the FarmVille Facebook movie.

Best Picture

127 Hours

Black Swan

The Fighter

Inception

The Kids Are All Right

The King's Speech

The Social Network

Toy Story 3

True Grit

Winter's Bone

Will Win: The battle is between The King's Speech, a well-made "mom movie" that is catnip to the Academy, and the edgy youth-splosion of The Social Network. Word is The King's Speech could be a surprise upset. But The Social Network should win. Or Toy Story. Or Black Swan. Or Winter's Bone. This is a really good group of movies. For once, there's not a dud in the bunch.

The live blog will take place on Oscar night, February 27th, from 7pm to 10pm EST. Check out the schedule below to find out when your favorite guy (or gal) will be on. Hope to see you!

GuySpeak Oscar Night Live Blog Schedule

7-8pm - Cary, Carrie and Panama tackle the Oscar pre-show. Who will be the best dressed on the red carpet? And who will be the best dressed during the live chat? 

8-9pm - Nick and Amit keep things lively during the boring early awards. Just kidding, Best Documentary (Short Subject)! You're not boring. (Yes you are.) 

9-10pm - Dan and Mystery Man fight over who gets to take home the award for Tastiest Sandwich At the GuySpeak Oscar Party. Will Dan's turkey and provolone hoagie win out over Mystery Man's cucumber and cream cheese tea sandwiches? Find out on Oscar night!