The 2010 Screen Actors Guild Awards was truly an event to remember. The stars came out and shone brighter than the moon in their glamorous gowns and dazzling diamonds.

From Lea Michele`s beautiful emerald green Malandrino gown to Diane Kruger`s yellow Jason Wu dress, fashion was the real star at the Hollywood award show.

Drew Barrymore – who already made quite a statement of style at the Golden Globe Awards earlier this year – wore a strapless royal blue Monique Lhuillier gown trimmed with ribbons and beads.

Kate Hudson looking very pretty in her Emilio Pucci gown with it`s modest front and low-cut back. The matching necklace she wore added an extra flash.

Gorgeous Marion Cotillard looked stunning as ever in a short cocktail dress. The Elie Saab Couture dress was decorated in beads and floral embroidery.

Penelope Cruz dazzled in her L`Wren Scott designer dress, covered in black beads with black beaded fringes at the shoulders.

In terms of jewelry, the stars chose to keep a modest approach, sporting only one or two pieces. Most of the jewelry appeared to be platinum or diamonds.

Here`s a rundown on the winners:

Best Actor in a Film went to Jeff Bridges for Crazy Heart and Best Actress went to Sandra Bullock for her role in The Blind Side.

The much deserving Christoph Waltz won Best Supporting Actor for he work on Tarantino`s Inglorious Basterds and Mo` Nique won Best Supporting Actress for Precious: Based on the novel Push by Sapphire.

The cast of Inglorious Basterds won Oustanding Performance by a Cast.

Michael C. Hall – who was recently diagnosed with cancer – Won Best Actor in a Television Drama for his role as serial killer Dexter Morgan and Julianna Margulies won Best Actress for The Good Wife.

Best Actor in a Television Comedy went to the extremely talented Alec Balwin for his role on 30 Rock and Best Actress in a Television Comedy went to Tina frey, also of 30 Rock.

Best Ensemble in a Drama Series went to Mad Men and Best Ensemble in a Comedy Series went to Glee.