James is at the awards ceremony, and I'm back here at Cinematical headquarters liveblogging the results. The theme, James tells me, is apparently "cowboy," because William H. Macy is in a cowboy getup.

7:20: Macy is apparently doing a "wildly obscure monologue incorporating the titles of all the Sundance films. Macy: "That, my friends, is The Complete History of my Sexual Failures, and the end of my comedic monologue."

Tony Hale: "nothing says Sundance and independent film like people dancing in covered wagons."

Awards after the jump ...