When the comedy gods close a door, they open a window. Ben Stiller and Robert Downey Jr. said no to co-hosting next year's Academy Awards, and we barely had time to grieve for what might have been before we received this news: Steve Martin and Alec Baldwin have said yes. It's official, as detailed in a press release from the Academy of Motion Picture Arts and Sciences.

Martin has hosted the Oscars twice before, in 2000 and 2002, and he happens to be my personal favorite host. In fact, he's one of my personal favorite entertainers, period. The man is a straight-up genius, the terrible movies he's made in the last decade notwithstanding. Baldwin was nominated for Best Supporting Actor for The Cooler, so he at least knows his way to the theater, and he's currently enjoying a resurgence in popularity thanks to his top-notch work on TV's 30 Rock.

Martin and Baldwin have worked together several times thanks to their longstanding affiliation with Saturday Night Live. Martin has hosted 15 times -- more than anyone else -- and Baldwin is right behind him at 14. In 2006, Baldwin showed up on a Martin episode, followed a few months later by Martin crashing a Baldwin show, both times with Martin trying to kill Baldwin to prevent him from overtaking his hosting record. (In the Oscar press release, Martin says, "I am happy to co-host the Oscars with my enemy Alec Baldwin.") Martin guested on an episode of 30 Rock, and both actors will appear in It's Complicated this Christmas.

I think both of these men, separately and together, are hilarious, so I'm excited about the Oscars (to be held March 7, 2010). What do you think?