ET is with Kathy Griffin as she reacts to the news that she was nominated for two Emmys -- one for Outstanding Reality Program for her hit Bravo show, "My Life on the D-List," as well as an Outstanding Variety, Music or Comedy Special nod for "Straight to Hell."

"No one loves an Emmy nomination more than me," she says. "I love it!"

The funnylady admits that she was "out like a light" when the nominations were announced early Thursday morning, but soon received a number of congratulatory calls.

"A lot of people who wouldn't take my calls called me to congratulate me," she says.

Kathy, being her candid self, reveals what may happen if she doesn't take home the golden trophy.

"If I don't win," she says, "it will be ugly."