There’s always plenty of drama at the Academy Awards, but this year’s ceremony could set a new standard: Jennifer Aniston may finally meet up with her ex, Brad Pitt, and her nemesis, Angelina Jolie – all in the same room! Both Angelina and Brad are Oscar nominees (her for Changeling, him for The Curious Case of Benjamin Button), so they’re expected to attend the Feb. 22 ceremony. But the big news is that Jen is planning to be there as well.

“She’s going to be a presenter,” an insider tells Life & Style. In fact, she’s considering presenting the award for Best Animated Feature – a category that includes another Angie movie, Kung Fu Panda! Even more shocking? It’s not the first time Jen has reached out: she invited Brad and Angelina to her 40th birthday party at her LA home on Feb. 7, but the couple was traveling and couldn’t make it. Now Jen’s thinking of making a public peace offering. “She says her goal for Oscar night is to be photographed hugging Brad and shaking Angelina’s hand,” says the insider.

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Jennifer Aniston and John Mayer celebrated Valentine’s Day with a trip to the Bahamas.

The vacation was a present from Mayer, x17online.com reports.

The two left aboard a private jet from Los Angeles late last Thursday night — a day after Aniston’s 40th birthday — and arrived on the island of Eleuthera the next morning, according to x17.

They stayed in a gated, luxurious home on the north of the island – where Mariah Carey and Nick Cannon wed last year.

The two mostly spent their time indoors, the site claims.

The trip was short: Both took off Monday in separate private jets from the island’s main airport.

They shared a passionate kiss and hug as they prepared to part ways.

Says an x17 photographer: “Jen looked really upset to be leaving John.”

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Which he wrote for ex Jennifer Love Hewitt, of course.

“Happy Birthday” isn’t the only tune Jennifer Aniston will getting for her Feb. 11 birthday.

John Mayer has prepared his own serenade to help his girlfriend celebrate the big 4-0.

“He did write a special song just for her for her birthday,” a source tells PEOPLE of the Grammy winner. No word yet on his performance!

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On Monday’s Ellen DeGeneres Show, John Mayer talks about girlfriend Jennifer Aniston’s new high-tech house — and admits he occasionally sleeps over.

“There is no normal thing in the Aniston house,” he says. “You won’t find a light switch. The light switch is not antiquated.

“There is a six-button light panel. It does everything,” Mayer goes on. “The top button is on and the button right below that one seems to be an air horn, so in the middle of the night, it [can be] very difficult [to sleep].”

Aniston gets confused by her high-tech home, too.

Says Mayer, “The other day, I’m like, ‘This is the most beautiful kitchen of all time. Where is the trash?’” Aniston, he adds, “didn’t know where the trash was.”

DeGeneres then puts Mayer on the hot seat, asking him if he sleeps over.

“Yeah, there are sleepovers, yeah,” he says. “Yes, yes, there are.”

Mayer also opens up about that infamous photo of him wearing a Borat-esque, one-piece bathing suit on his cruise.

“It is not photo-shopped,” he says of the photo. “I sort of get drawn into the vortex when I look at it for too long.

“I have this cruise … and the thing about a cruise is, everybody is supposed to let their hair down a little bit,” he goes on. “I let a lot of hair down, but the fact is, that is something you’re supposed to do for your fans. It’s just plain silly.”

Meanwhile, Aniston was on the DeGeneres’ show Friday and admitted she isn’t nervous about turning 40 on Feb. 11.

“I have to say, really, I feel better than I ever felt in my life,” she said. “I did have a moment, though, over the weekend… I found a really long gray hair, and it kind of flipped me out.

“It’s not my first, but it’s the fact that it was so long,” she said. “I was like … ‘How many others are there and what does that mean?’ It actually brought me to tears, slightly.

DeGeneres then asked who will be going to Aniston’s birthday party Saturday. Aniston said definitely her BFF Courteney Cox.

When DeGeneres held up a photo of Mayer (in a one-piece bathing suit), Aniston said, “I got to tell you, honestly, I almost don’t want to touch it.”

DeGeneres then commented on Mayer’s swimsuit, and Aniston said, “The man’s got balls – what can I say?

“I think he’s funny,” she said, before adding, “let’s put [the photo] down now.”

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Four more pictures of these beautiful women after the jump!! (more…)

More group pictures after the jump! (more…)

Love her!  Love the suit!  She looks fantastic!