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A repeat performance was not meant to be, as Clijsters was wide on match point to end any chance at becoming the eighth woman to repeat as Aussie champion.
Azarenka is 3-3 in her career against Sharapova, with two of those wins coming in finals.
After that battle, Sharapova downed second-seeded Petra Kvitova 6-2, 3-6, 6-4 to avenge her loss to the Czech in last year's Wimbledon finale.
Kvitova beat Sharapova in straight sets to win her first Grand Slam last July, but trailed early against the three-time major titlist on Thursday at Melbourne Park.
"In the third set, I felt she always had the advantage because I was always down on my serve," said Sharapova, who piled up five double faults in the third set and 10 in the match. "I just told myself "You just gotta go for it, don't let her finish off the points like she likes to."'
The 22-year-old Azarenka, meanwhile, became the first Belarusian woman to reach a Grand Slam final since Natasha Zvereva was the runner-up at Roland Garros in 1988 when she was representing the Soviet Union.
If this was, in fact, the Belgian's final visit to the season's first major, she went down fighting. Azarenka broke Clijsters' second service game of the match, then fought off four break chances in the proceeding game.
Clijsters, the 11th seed, quickly evened the match before falling behind 4-1 in the third. She held serve and trailed 40-0 in the next game before earning another break to get back on serve.
But Azarenka, riding a 10-match winning streak after winning in Sydney earlier this month, earned her fourth break of the match to serve for a spot in the final.
"It was just trying to stay in the moment. Kim really took over the second set and I felt there was nothing I could do. I just tried to regroup," Azarenka added.
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Dallas Cowboys Super Bowl Odds
Will he or won't he? Now that the Dallas Cowboys have a new head coach in Wade Phillips, the big question will be: Does Terrell Owens stay with the team.
Jerry Jones continues to suggest that Terrell Owens will remain with the team.
"I've said that he's back, he's here, he's under contract," Jones said. "In the interviews I've just been through (to hire a new coach), it was very clear to me how highly he's thought of and how much of an impact he had on our offensive success."
Just to be sure though, Terrell Owens cleared out his locker and removed his name plate.
Terrell Owens was among the Cowboys most productive players this past season, catching 85 passes for 1,180 yards and a league-best 13 touchdowns.
But T.O. is due a $3 million roster bonus in June, then a $5 million salary this season. Cutting him before then would save a lot of money and headaches.
Aside from the questions surrounding Terrell Owens, the oddsmakers at MySportsbook.com have concerns over starting quarterback Tony Romo's state of mind and whether he will remain a starting quarterback. It is also not known how players will adjust to new head coach, Wade Phillips.
Here are the football odds as seen at MySportsbook.com and subject to change after February 10, 2007 if not locked in prior to that date.
Arizona Cardinals 60-1
Atlanta Falcons 50-1
Baltimore Ravens 15-1
Buffalo Bills 50-1
Carolina Panthers 18-1
Chicago Bears 10-1
Cincinnati Bengals 15-1
Cleveland Browns 100-1
Dallas Cowboys 15-1
Denver Broncos 15-1
Detroit Lions 100-1
Green Bay Packers 50-1
Houston Texans 100-1
Indianapolis Colts 6-1
Jacksonville Jaguars 30-1
Kansas City Chiefs 30-1
Miami Dolphins 40-1
Minnesota Vikings 75-1
New England Patriots 10-1
New Orleans Saints 18-1
New York Giants 20-1
New York Jets 30-1
Oakland Raiders 100-1
Philadelphia Eagles 18-1
Pittsburgh Steelers 10-1
Saint Louis Rams 60-1
San Diego Chargers 6-1
San Francisco 49ers 75-1
Seattle Seahawks 20-1
Tampa Bay Buccanneers 75-1
Tennessee Titans 40-1
Washington Redskins 50-1
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook credit cards needs.
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