I was also disappointed with the lackluster James Bond tribute (except for Bassey). What, they couldn't do something live? Maybe a meeting of the Bonds (or Bond villains). And how could they forget Andy Griffith, who died in July? Shameful that he was left out, even as an oversight!
As for the MC, I thought MacFarlane started off strong; I liked the William Shatner bit (although it, like much of the broadcast bits, was overlong), but his humor began to wear thin long before the broadcast passed the three-hour mark, becoming increasingly strident and mean-spirited, it seemed to me.
I loved Daniel Day-Lewis' modest (and drily humorous) acceptance speech, and thought it was fitting that Argo's producers called out the Academy for its egregious snub of Affleck's directorial achievement. I enjoyed the First Lady's participation in a year that saw many of the nominated films carry forth historical and political themes.
In general, I am happy with the outcomes, but ever so slightly disappointed that Hugh Jackman didn't win for his incredible, brave Jean Valjean. (Although it's hard to argue with Day-Lewis' impeccable Lincoln.) This was one of those wonderful years in film where there was an abundance of riches and so many beautifully done, and thought-provoking films that made us laugh and weep. They entertained us, and best of all, they made us think.