predictions 2012: how will costume design fare with nary a sandy powell in sight?

It's a return to form for Oscar fave Peter Jackson, so the costumers' guild will likely go gaga for The Hobbit.  Yet, there's considerable period and literary costuming in the mix and a double dose of the unstoppable Colleen Atwood.  How will newcomers fare, particularly without a contender from category fave Sandy Powell in the mix?  And will Terrence Malick actually release a film this year that could come into play here?  Check out my thoughts on the upcoming Costume Design competition!