Life & Style Weekly is the fastest growing magazine in the industry, delivering the biggest celebrity news stories and celebrity fashion, beauty and lifestyle news, so who is its pick for Best Dressed Women of the Oscars? It's all in this week's issue of Life & Style that hit newstands yesterday.§ MOST GLAMOROUS: PENELOPE CRUZ
Best Actress nominee Penélope Cruz was a style winner in a showstopping Atelier Versace number. "You can only wear this kind of dress to the Oscars!" said the Volver star, who dazzled in 60 carats of Chopard diamonds.
§ BEST FIGURE FLATTERER: CAMERON DIAZ
"It's great to be able to come out and support the people you've worked with," said presenter Cameron Diaz, who flaunted her figure in second-skin Valentino and accessorized with Brian Atwood slingbacks and almost $2 million worth of Cartier jewels!
§ SLINKIEST FIT: CATE BLANCHETT
"It's like the love of your life — they choose you, these frocks," said Best Supporting Actress nominee Cate Blanchett, who plucked this Armani Privé number from the runway in Paris. The dress, made of Swarovski-crystal mesh, weighs a whopping 40 pounds!
§ HOTTEST HUE: NICOLE KIDMAN
"It takes a few hours to get ready," said Nicole Kidman, who wowed in a silk-crepe Balenciaga gown made just for her. She completed the look with a pair of diamond cuff bracelets (with 375 carats!) designed by her stylist, L'Wren Scott.
§ FLIRTIEST LOOK: BEYONCE
"I guess it's mint green," said Beyoncé about her pretty bejeweled one-strap Armani Privé gown. While the soft shade flattered the singer's brown eyes, the daring slit highlighted her long legs — and offered a glimpse of her sparkly ankle-strap shoes.
§ SEXIEST TRANSFORMATION: REESE WITHERSPOON
Ryan who? Reese Witherspoon turned heads in a pleated silk-jacquard amethyst bustier dress by Olivier Theyskens for Nina Ricci. The finishing touch? A gorgeous 83-carat Van Cleef & Arpels diamond bracelet from 1937.


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