The Kodak Theatre press room was full of smiling faces last night, as the 2008 Academy Award winners basked in the glory of their accomplishments.

Taking best picture honors was the Coen Brothers’ hit film, No Country For Old Men - which was thought to be a front-runner from the event’s onset.

The 80th Annual Academy Awards have come and gone, and the night’s big winners were all smiles as they were handed their coveted statuettes one-by-one.

Taking best picture honors was the Coen Brothers' hit film, No Country For Old Men - which was thought to be a front-runner from the event's onset.

While the writers' strike has put Hollywood's biggest night in jeopardy, nominations for the 80th annual Academy Awards were announced as scheduled earlier this morning.

Officially, the Academy claims to be moving ahead with the red carpet and awards ceremony as usual, with spokeswoman Leslie Unger telling press: "We are planning to have our show at the Kodak Theatre with an audience of 3,300 people and a television audience significantly larger than that."