Hugh Jackman as Oscar host?

The choices for Oscar host have become increasingly eye-raising in the past few years... Chris Rock, Ellen DeGeneres, Jon Stewart, and for the upcoming Oscars... Hugh Jackman? Okay, so the Australian-born hunk is an actor with success in Hollywood (and a good actor at that), and he has a flair for musical theatre (having won a Tony award), but after the comedic monologues from Rock, Stewart and DeGeneres of the past years, people will be looking for Jackman to poke fun at Hollywood. However, since Jackman is part of the A-List, how will that be possible? I find the choice of Jackman a curious choice, but I'm willing to give him the benefit of the doubt. Let's see how he will handle the duties -- will he break into song? Will he reveal secrets of the Hollywood stars? Will he be as funny as Carson and Crystal? Time will tell...