My favorite movie of the year (Vera Drake) wasn't nominated for best picture, so I don't have a strong rooting interest in that category. Of the five movies that were nominated for best picture, the one I probably enjoyed the most was Finding Neverland, but I wouldn't make any claims for it as a great movie - it was just a nice, sentimental story that could just as easily have been done as a Masterpiece Theatre production. If I had to bet on which movie would win, I'd bet on Million Dollar Baby, mainly because it's playing in the biggest auditorium at the multiplex where I saw The Aviator last night, which suggests that it's doing better business than The Aviator. (Hey, it's a good a theory as any!)
In the acting categories, I'm rooting for Don Cheadle, Imelda Staunton (but I wouldn't mind seeing Annette Bening win), Morgan Freeman, and Virginia Madsen.
I forget if I ever mentioned what I thought of Sideways. I thought the acting was great, but I don't understand why it's gotten as much hype as it has. A.O. Scott (the New York Times's chief film critic) wrote an article about it called "The Most Overrated Film of the Year" which I pretty much agreed with, especially this part: "It both satirizes and affirms a cherished male fantasy: that however antisocial, self-absorbed and downright unattractive a man may be, he can always be rescued by the love of a good woman. (What's in it for her is less clear.)"
If you're interested in reading the whole article, it's at:
"The Most Overrated Film of the Year": A.O. Scott on "Sideways"