As most people know, Jennifer Hudson has recently gone through a physical transformation. The singer/actress has shed 80 pounds thanks to diet and exercise, and she has been showing off her amazing new figure whenever she can.

At the 2011 Oscars, everyone was talking about Hudson's tangerine Versace dress and how beautiful the 'Dream Girls' star looked in the cut and color. We completely agree -- Hudson was one of the true knockouts tonight, sporting a plunging neck line that could stop traffic and a form fitting bodice with a full skirt. Check out these pictures of Jennifer Hudson at the 2011 Oscars and let us know what you thought of her Versace dress.