Transgender Beauty Queen NOT a Total Loser at Miss Universe Contest

After all the hoopla to compete, transgender beauty queen Jenna Talackova LOST the title of Miss Universe Canada ... but DID manage to win something else -- Miss Congeniality.

Talackova took the stage Saturday night in Toronto -- along with 61 other Canadian women -- as the first transgender to compete in the Miss Universe beauty competition ... but was axed after the top 12.

If you recall ... the 23-year-old fought tooth and nail just to be allowed in the competition after it was discovered she was not a "natural born female" and underwent a sex-change operation 4 years ago.

Although she didn't make it past the semi-finals, Talackova took home a different prize ... she was one of four women to be named Miss Congeniality.

The real crown went to 26-year old Sahar Biniaz.