Welcome to AOL TV's live blog of Sarah Palin's appearance on 'The Oprah Winfrey Show.' The former VP candidate is granting Oprah her first sit-down interview since her failed candidacy, and we're giving you a front-row seat from the comfort of your office desktop... or, if you're lucky, your couch.

Here a little early? Brush up on your knowledge of the relationship dynamic of Sarah Palin and Oprah Winfrey and get up to speed with our Palin-Oprah primer.

Palin's appearance on Oprah is her first stop on her promotional tour in support of 'Going Rogue: An American Life,' her new memoir which hits bookstores tomorrow.

Our live blogging will begin at 4PM ET sharp. If you're watching at home, chime in with your own observations in the comments.

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Dear Anderson:

I was just reading about you over at TV Newser. I guess this is the new trend in TV news shows, anchors blogging live while their show is still going on. Greta Van Susteren over on Fox News has been doing it, and now you're doing it too.

You called Wednesday night's first effort "an experiment." As far as I can tell, you didn't actually blog during the broadcast, you just answered viewers questions in the comments section of the blog (if I'm wrong about this let me know), but I can see how you're all trying to connect television to the web, and I'm not sure how I feel about it. I blog all day for a living, but I'm not sure I want to see my TV news anchors live blogging while they're doing a live show on television.

10:04: OK, that's it for me. I haven't even eaten yet. Don't forget to head on over to Moviefone for complete coverage of the awards (and if you missed the show, TNT is going to repeat it at 11).

See you next Friday night at Zac Efron's house.

10:01: Did Josh Brolin just make a snide reference to Julie Christie's "tiniest actor" comment when she accepted her award a few minutes ago, or was it just a joke I didn't get?

9:59: Looks like there's just movie-centric awards left. I forgot there isn't a Best TV Drama or Best TV Comedy category at the SAG Awards.

9:50: Matthew McConaghey and Kate Hudson: king and queen of the crappy romantic film.

9:46: This Farmer's Help Point ad is freaky, but I had a dream the other night that was even stranger. I won't go into details, but it involved a mutant cannibal family and a used record store. That's the last time I eat 8 Reese's Peanut Butter Cups right before bed.

9:36: Blair Underwood talking about the new technology that has come to film and television. The hidden message here is...pay the damn writers for stuff on the internet and cell phones!

9:29: These tributes to the people who died in the past year always make me nervous, because I'm afraid they'll forget someone. But this was well done, including TV character actors with the big name stars, and was even up to date as late as last week.

9:24: Female Actor in a TV Movie or Miniseries is...a tie! Queen Latifah wins. Um, wait, I thought it was a tie? I'm confused.

9:20: Um...Mickey Rooney is aware that this isn't his tribute show, right?

9:18: Male Actor in a TV Movie or Miniseries...Kevin Kline, As You Like It.

9:17: James Spader is slowly morphing into William Shatner.

It's good to see that the Screen Actors Guild Awards got a waiver from the WGA. Where the Golden Globe Awards were reduced to an extended press conference type event and the Academy Awards might have some alternative plan in place, the SAG Awards are actually going to have stars and a red carpet and acceptance speeches. It might turn out to be the awards show to watch this year.

I'll be live blogging the awards tonight, starting at 7:30pm EST. That means I'll get a half hour's worth of the red carpet coverage. I could have started the blogging at 5pm, when E!'s red carpet coverage starts, but then I realized that three hours of red carpet blogging would be insane. I think a half hour on the carpet and two hours of show coverage will be plenty. The show airs at 8 on TNT and TBS.

Here's a list of the nominees.

When my editors here at TV Squad asked me if I wanted to live-blog the VMAs, my response was "hell yea!" I then put on a banana suit and danced around the house, singing "It's Peanut Butter Jelly Time" until my wife threatened a divorce.

I've been itching to live-blog something since coming on board here at TVS, and even though doing it with the VMAs means giving up the first game of Sunday Night Football (and consequently giving up the little that's left of my maleness), I'm okay, When it comes to live-blogging, I have the same standards as a drunk girl at the end of a party.

So, without further ado, let's get to it!