Upside: Loki's a right old charmer when he's in the mood. One quick flash of that Hiddlegrin and the audience would be on their feet in rapturous applause.
Downside: Though there'd be a small chance that at least some members of that audience will have been brainwashed into doing his evil bidding.
Sample Speech: "Is this not simpler? Is this not your natural state? It's the unspoken truth of humanity, that you crave award ceremonies. The bright lure of a golden statue, a mad scramble for acknowledgment. And the Oscar for Best Supporting Actress goes to…"
(Oh, and if you're getting into the Oscars spirit, why not watch the Total Film team's winners predictions right here or below- do you agree?)