Anne Hathaway and James Franco to Host Academy Awards?

If Anne Hathaway wears what she donned for a recent EW photo shoot at next year's Academy Awards, we think the following news is nothing short of exhilarating:
According to Deadline Hollywood, Hathaway and James Franco are near-locks to host the 2011 Oscars. The Academy of Motion Picture Arts & Sciences has  made the offer to these stars and it "looks like" both have accepted, reports that trade.

Both actors are starring in new films, with Franco considered a front-runner for Best Actor based on his portrayal of Aron Ralston in 127 Hours.

Assuming Hathaway and Franco officially accept the honor, it would mark the first time in history a pair of current, mainstream movie stars host the ceremony. What do you think of this choice?