The much awaited Met Costume Institute Gala took place on Monday, May 3rd and celebrities looked absolutely stunning. Take a peek at the best dressed celebrities participating at this event so you can select your celebrity fashion muse.

Nowadays all red carpet awards are hot as we get to see celebrities at their finest, wearing the latest fashion creations and the best of everything. Unfortunately not all celebrity choices make the best choices this is why the best dressed and worst dressed categories exist.

The 2010 Met Costume Institute Gala took place Monday, May 3rd at the Metropolitan Museum of Arts and everyone was stunned by the amazingly stylish appearances made by some of the hottest celebrities today. This highly awaited event seems to be a little bit more permissive that other events as celebrities made more daring choices when it came to their look. Whether old Hollywood style or sexy modern, all celebrities captured peoples attention.

When it came to choosing the best dressed celebrities at the 2010 Met Costume Institute Gala Benefit fashion critiques didn't have it easy. So many spectacular appearances made this red carpet event a delight to watch.
The muses and sources of inspiration when it comes to fashion can be considered the following celebrities as they dazzled through their beauty and style at the Met Gala:

Best Formal Gown Appearance
Jennifer Lopez and Camilla Belle were two of the most impressive appearances at this event as their formal gown choice couldn't be contested. Elegant, stylish and appropriate for this event, the gowns emphasized their natural beauty and made them shine like true stars. Jennifer Lopez went for a gorgeous embellished gown signed Zuhair Murad while Camille Belle chose a lovely red chiffon gown signed Jason Wu with lovely lace accents on the corset.

Jennifer Lopez/Getty ImagesCamilla Belle/Getty Images

Best Short Dress Appearance
Short dresses look fabulous especially if worn by women who not only look great but feel great in their own skin. It seems that Blake Lively and Rachel Bilson know what suits their personality. Both dresses were great, Blake Lively opting for a stunning blue strapless dress featuring ruffle details signed Marchesa from the Fall 2010 collection while Rachel Bilson opted for a more simple yet fabulous look which suited her style perfectly; she chose a gorgeous flower belted A-line dress from Louis Vuitton's 2010 Fall collection.

Blake Lively/Getty ImagesRachel Bilson/Getty Images

Best Old Hollywood Inspired Appearance
Old Hollywood style is filled with elegance and style and femininity and beauty are definitely the main characteristics needed to pull off this fashion style. Two of the most amazing Old Hollywood style dressed celebrities were Taylor Swift wearing a fabulous ivory dress signed Ralph Lauren and Jessica Alba who wore a gorgeous silky lavishing dress, the creation of Sophie Theallet.

Taylor Swift/Getty ImagesJessica Alba/Getty Images

Other spectacular appearances came from Nicole Richie who wore a gorgeous bohemian style Marc Jacobs Fall 2010 dress, Anne Hathaway in Valentino, Kate Bosworth in Valentino Couture and Sarah Jessica Parker in Halston Heritage Archive.
This spectacle of elegance is a great source of inspiration to us all so inspire yourself from your favorite celebrity and look fabulous.

Nicole Richie/Getty ImagesAnne Hathaway/Getty ImagesKate Bosworth/Getty ImagesSarah Jessica Parker/Getty Images