Yes! She made it. It's the first time ever a Spanish Actress wins an oscar and we are proud (specially people from Alcobendas). I haven't seen the film. I don't know whether she deserved it for this role more than for her role in Volver (you can add your comments). To be honest with you I don't care. She's made history and it's extremelly difficult to get an oscar if you aren't American.
Anyway here you will be able to see her acceptance speech and an interview she gave whe she was nominated for "Volver" (her English is very good).