Oprah Winfrey's 'Favorite Things' Episode Stuns Lucky Audience Members

Nov. 20, 2010 — -- Fa la la la la, they're Oprah's favorite things.

So sang Oprah Winfrey as the legendary talk-show host jubilantly introduced Part 1 of her annual "Oprah's Ultimate Favorite Things" episode, during which she gives audience members thousands of dollars worth of her most beloved items.

Amid the diamonds, cashmere and cameras, audience members -- who had thought they were attending an episode about meditation -- sobbed, screamed and squealed as Winfrey revealed that they'd all be going on an all-expenses paid Caribbean cruise.

A holiday box was wheeled on stage and, as Winfrey opened it, an enormous inflatable cruise ship emerged as the audience erupted.

The seven-day cruise came after more than 20 items, including a Nikon camera priced at nearly $700 and a Philip Stein watch studded with no less than 58 diamonds.

"It's a diamond watch," Winfrey screamed.

The audience also received a tote bag and shoe combo by high-end designer Tory Burch and a cashmere sweater and throw designed by Ralph Lauren with input, of course, from Winfrey herself.

"It's flattering on absolutely everybody," said Oprah, whose name is also included on the tag. "This color makes me think of a golden sandy beach and my dog, Sadie."

Winfrey noted that "medics were standing by" in case audience members collapsed from the excitement as she doled out $525 Judith Ripka Eclipse Earrings and a hair treatment system by the host's stylist, Andre Walker, priced at $65.

"He's finally bottled the magic," Winfrey said of Walker.

A set of 18 candles -- a different scene for each room in your home -- were also gifted, as Winfrey screamed, "It's a candle palooza."

"Bring out the candles, bring out the cashmere, bring out the hair things, bring out the earrings for all," she said, as employees from Fedex, dubbed the "Fedex Elves," helped to distribute the loot.