IMO, the Oscars are a lot more fun to watch when (1) you've seen a few of the films, and (2) you have a TV. I've neither. My sources are online. I did participate in Red Carpet observations and had fun doing so.
I hear so many people say that they no longer go to movies. Movie lovers, even. I think the thrill has gone, and movie-going isn't as much fun as it used to be. The enthusiasm isn't there. So, good Oscars show or not, I just don't think any Oscars party (or partay) will be as much fun as it used to be.
And I regret this.