If you’ve been following the Oscar race this season, then you know that first-time nominee Sandra Bullock has played the game like a pro, stating over and over that she is “so not going to win an Oscar” and joking that her main rival Meryl Streep is “white trash.” Her ability to exude just the right amount of self-deprecating charm has been fascinating to watch these past few months. And last night, the star of The Blind Side outdid herself when she showed up at the Razzie Awards in L.A. to accept her trophy for Worst Actress for All About Steve. (Click here for EW’s report on all the winners.)

Bullock appeared from backstage accompanied by three people wearing black “Team Bullock” t-shirts and pulling a bright red wagon full of All About Steve DVDs. She’d brought one for everyone in the audience who, she guessed, hadn’t really even watched Steve. “This is the deal we are going to make,” she said. “You promise to watch the movie and really consider whether it was really and truly the worst performance. If you are willing to watch it, I will come back next year and give back the Razzie.” Then she joked that she was ready to go through the shooting script of the movie, which she’d also brought along. “I’m willing to go page-by-page through my dialogue, so we could be here a while. I will read it like the way I read it in the film and then anyone who wants to give me a line reading of how I could have done it better… So we could do this till about four o’clock in the morning. Or you guys could re-watch the movie and re-think your decision and I will show up next year and then we can all go drink afterwards.”

Here’s her acceptance speech:

Bullock then left to return to a charity event run by Jeffrey Katzenberg (“I have to get back to this charity thing because you know Jeffrey Katzenberg can prevent me from working again!”), much to the disappointment of the crowd, who ate up her appearance like a giant plate of delicious truffles. After the event, Razzie founder John Wilson told EW he couldn’t have been happier with the actress’ good humor: “If you are going to win a Razzie, then that’s the way to do it and have fun with it. I wish there were more people with that combination of self-deprecation and guts.”

I can’t disagree with him on that. After all, Bullock could make history as the first actress to win both an Oscar and a Razzie in the same year. Whether or not her Steve performance was truly deserving of Worst Actress is sort of irrelevant. (Let me remind you that two of her fellow nominees were Megan Fox and Miley Cyrus.) Accepting her trophy in person with such good-humored wit is P.R. gold — for both Bullock and the Razzies. Everybody wins. (Well, except maybe Megan Fox…)

What do you think of Sandra Bullock’s tongue-in-cheek Razzie graciousness?