I really enjoyed the opening monologue as well as Martin and Baldwin.
However at least in Denver the audio was atrocious through most of it, with the audience often sounding tinny, the audio being horribly flangey, ironically enough, it was especially bad during Morgan Freeman's piece on sound editing, and the orchestra often sounded as if it was being played back from a low bit-rate RealPlayer stream.
No idea if it was just KMGH in Denver, but if it was the same nationwide I'm surprised I haven't read other complaints.
As far as Hanks goes, I think they were just way tight on time - they had already run over, as always (loved Martin's "Avatar now takes place in the past" quip…) They should have cut the interminable best original score dance routine instead.
Disappointed that for the second straight year, if you didn't move close up to the screen, you missed the first three names in the "In Memoriam" reel, as if people can easily read the in-theatre screens from a wide shot. Surprised at the missing Farrah Fawcett, and thought John Hughes would be mentioned again as well.
Also surprised at the lack of emotion towards her husband showed by Sandra Bullock when her name was read. He whispered something into her ear, but there was no kiss on the cheek, no hug, no anything.
My big question of the night - why does anyone hire Kristen Stewart to do anything? A cardboard cutout of her would have more life to it…