I think the winner will be a man who covers all those bases – Guillermo del Toro with The Shape of Water. Filmed on an incredibly low budget of $19.5 million, this movie has all the lush production value of a major Hollywood studio flick, the sweep of a Cold War crime epic, and an emotionally affecting romance between two unlikely … people. All cylinders are firing on del Toro's latest passion project – the beautiful sets, sounds, sights, and story come together to form an utterly entrancing and unforgettable movie. While anyone could win, come March 4 it might just be Del Toro joining the ranks of Alfonso Cuarón and Alejandro González Iñárritu as one of the few Mexican directors to ever win an Academy Award.