Ellen DeGeneres' Oscar Pros And Cons: Host Details Thought Process Behind Accepting Gig (VIDEO)

The news that Ellen DeGeneres will host the 2014 Oscars produced an array of responses, with many weighing the pros and cons of DeGeneres once again handling emcee duties. As it turns out, DeGeneres is right there with you. The talk-show host opened Tuesday's "Ellen DeGeneres Show" with her own pros and cons for hosting the ceremony.

"The last time I hosted was in 2007 and it was so fun. It was an honor," she said. "But it is a big decision. The way I deal with making big decisions -- I think a lot of people do this -- I make a pros-and-cons list. I thought I would take you on a journey inside my mind, which is scary; hold on. I thought I'd read you some pros and cons from my list." DeGeneres then pulled the list out of her sock before diving in ...

Pro: I get to perform in front of 60 million people.
Con: Oh my God, 60 million people watch that thing.

Pro: I’ll be invited to all the cool Oscar after-parties.
Con: I like to be tucked in by 7:30.

Pro: Meryl Streep could get a record 17th Oscar nomination.
Con: Hashtag we’re over it, Meryl.

Watch the full rundown in the video above.