Oscars 2009 Live Streaming

Where can I watch the 81st Academy Awards online? I want to watch 2009 Oscars live because I want to know as soon as possible who the winners will be. Aside from that, most of the time, the only way you can see the different Oscars fashion is during the red carpet walk before the event. Something that is usually just shown during the live Oscars telecast. More excited posts about the 2009 Oscars here.