Today is traditionally the day when everyone complains how boring the telecast was, how awful the fashions were and how out of touch the Academy of Motion Picture Arts and Sciences is.
I've stopped watching the Oscar telecast, finding it much more efficient to read the list of awards the next day in 5 minutes or less.
My take on the Oscars has always been that it's just a fancy marketing tool. A film that wins or loses is the same as film it was before the win or loss. Perception may change, but not the actual film. And as perceptions keep changing over time anyway, an win or a loss is just a blip in the how the world judges a film or the people who made it.
While La Luna lost for best animated short, it will have the last laugh. Being paired with Brave this coming summer, it will be seen by more people than the winning film, The Fantastic Flying Books of Mr. Morris Lessmore.
Rango's win will probably allow ILM to make another feature, but the film's influence will be slight for the immediate future. This year's releases are essentially done, so it will be next year at the earliest that any Rango qualities deemed attractive will be filtered through other studios' animated features. Personally, I found the film's tone wildly inconsistent and its references to other films distracting.
I called the probable Rango win last November (though Tintin was the wild card and it didn't even get a nomination). It wasn't difficult as the field was so weak last year. Admittedly, I got the nominations very wrong. However, the nominations were better than I expected. I'd much rather see drawn features like A Cat in Paris and Chico and Rita get nominations than The Winnie the Pooh Film.
Let's hope that this year will be a better year.