Academy Awards 2011 Red Carpet Rewind!

2/26/2012 4:30 AM PST BY TMZ STAFF
0224_academy_awards_2011_launchWith the 84th Annual Academy Awards just hours away, take a mystical trip back in time and check out the good, the bad and the ugly from last year's fashion fiascoes!

**Be sure to check back this afternoon to see all of this year's Oscars action!**