With Billy Crystal on board, this is going to be a guaranteed entertaining telecast. He has NEVER disappointed.
Also -- don't be surprised if the Muppets do have a moment to shine during the ceremony. Or two. Or three. Or during the pre-show. Disney owns the Muppets. Disney owns ABC. The Oscars are broadcast on ABC. The Muppets have a new movie, with its DVD release planned in April (one month after the Oscars). I'd bet on Muppets.
"The Spectacle has, indeed, an emotional attraction of its own, but, of all the parts, it is the least artistic, and connected least with the art of poetry. For the power of Tragedy, we may be sure, is felt even apart from representation and actors. Besides, the production of spectacular effects depends more on the art of the stage machinist than on that of the poet."
--Aristotle