I watched and ... meh. My favorite movie this year, "The Big Short," didn't even get nominated for best picture. And "Mozart in the Jungle" won a few awards over "Transparent" -- I haven't seen the former, but the critics seem baffled by that one, as well.
I like that the presenters are more lighthearted and funnier (and probably drunker) at the GGs and less stiff and nervous than at the Oscars.