The Best Adapted Screenplay nominees are 127 Hours, The Social Network, Toy Story 3, True Grit, and Winter's Bone.
Can someone explain to me how Toy Story 3 is an adapted screenplay?
But really, the standout is Aaron Sorkin's script for The Social Network. It's really the best part of that film and it's the aspect that people are talking about most. The plot zips along like a thriller, it has up-to-the-minute relevance, and the dialogue pops like fireworks. True Grit might upset here, but the logical choice is the Facebook movie.
The Best Original Screenplay nominees are Another Year, The Fighter, Inception, The Kids Are All Right, and The King's Speech.
Inception might be the most discussed and hashed-over screenplay of the year, but Oscar voters tend to favor compelling, small-scale, character-driven films, so I'm going with The Kids Are All Right. It probably won't win in any other category, but it's best shot is for its screenplay.