Just because you won't be decked out in your finest clothes and biggest jewels, that doesn't mean you shouldn't feel like a celebrity on Oscar night. Roll out the red carpet for your guests and make them strut their stuff. You can purchase a red plastic runner, or make one with red felt. And just as the paparazzi hound the celebs, you can snap pics of your guests as they arrive, with an instant Polaroid camera, allowing them to feel like a star, and giving them a little something extra to take home in their own swag bag.