People may have disliked the film (I actually thought it was a good film) but Streep's performance is magnificent. Even when she's just nodding and indulging Tom Cruise's character, you can see the wheels turning. And her scene with her producer is what the eFilm critic refers to as her "Oscar clip," it's probably the best moment in the movie.
Having said that, there is no chance in hell she'll get nominated for this. The movie was unanimously disliked by critics and audiences alike. She'll get her nod for either DOUBT or MAMMA MIA! next year.
"Some people can thrive and bloom living life in a living room, that's perfect for some people of one hundred and five. But I at least gotta try, when I think of all the sights that I gotta see, all the places I gotta play, all the things that I gotta be at"