Twilight Teen Choice Awards!

Twilight fans, rejoice!

Robert Pattinson & Co. have some of the best seats in the house at this weekend's Teen Choice Awards.

But before we get into who is sitting where and with whom, I wanna fill ya in on some other goodies I just got for you during my exclusive sneak peek of what's in store for the annual surfboard awards show.

Here we go…

Reports of Britney Spears performing during Sunday's taping of the show (it airs on Monday on Fox) have been greatly exaggerated.

Britney will be there, though. She's not only a multiple-nominee, but she's receiving the Ultimate Choice Award.

"But," says Bob Bain, executive producer of the show, "if at three o'clock on Sunday afternoon she calls and says, 'I've changed my mind,' we will figure it out and make it happen."

So, what's up with Twilight? Plus, did the Jonas Brothers, who make their debut as hosts of the show, snag President Obama to take part? Keep reading to find out...

Robert Pattinson and Kristen Stewart will be sitting next to each other. Also in their row: Jackson Rathbone, Justin Chon, Ashley Greene, Taylor Lautner, Kellan Lutz and Nikki Reed. Director Catherine Hardwicke is directly behind them, as are Megan Fox, Miley Cyrus, Cameron Diaz and Hugh Jackman. Sadly, it looks like Rachelle Lefevre will be skipping the festivities.

According to the seating plan I saw today, the Black Eyed Peas are the only celebs in front of the Twilight cast.

However, I gotta feeling that will change.

"Let me put it this way," Bain says, "the Twilight cast can sit any place they want—and you can quote me on that!"

With our fave young-vampire-love movie up for so many awards, expect to see plenty of Pattz & Co. "There's also a big presentation at the end of the show for the entire cast," Bain says.

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Kellan Lutz's Nightmare?

Like lambs to the slaughter, "Twilight" actor Kellan Lutz, "Terminator" TV show star Thomas Dekker and Rooney Mara have joined the cast of New Line's re-imagined "A Nightmare on Elm Street," being directed by Samuel Bayer and produced by Platinum Dunes.

Lutz, who is in negotiations, would play a popular school jock.

Dekker is an alpha male trying to get back together with his girlfriend. Mara plays a girl who can't wait to leave town after graduation.

Those young dreams will prove to be dust as the duo join Kyle Gallner, in the role played by Johnny Depp in the 1984 pic, as fodder for slasher Freddy Krueger, being played by Jackie Early Haley.

"Nightmare" is slated to begin shooting May 5 in Chicago.

Lutz played Emmett Cullen in "Twilight," a role he is reprising for the sequel, "New Moon," which is shooting in Vancouver. His part in "Nightmare" would not be scheduled until later in the shoot. The actor, repped by Innovative, also appeared in "90120" and "Generation Kill."

Dekker, repped by ICM and the Schiff Co., is coming off starring on Fox's "Terminator: The Sarah Connor Chronicles." He next appears on the big screen in New Line's "My Sister's Keeper" with Cameron Diaz and Abigail Breslin.

Gersh-repped Mara, the sister of Kate Mara, has "The Winning Season" with Sam Rockwell and "Youth in Revolt" with Michael Cera coming out this year.

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