This talk is based on joint work with Pablo Lessa. We provide an example of a probability distribution on the group GL(2,R) with finite first moment such that the corresponding random product of i.i.d. matrices has two distinct Lyapunov exponents, but the angle between the Oseledets directions is not log-integrable. We prove that, on the other hand, if the second moment is finite, then this angle, if defined, is log-integrable. Next, we turn our attention to general GL(2,R)-cocycles over ergodic automorphisms, and ask ourselves if there is any criterion for log-integrability of the angle between the Oseledets directions in terms of a suitable integrability condition. The answer is negative. In fact, we show the following flexibility result: given any ergodic automorphism T of a non-atomic Lebesgue probability space, we can find a GL(2,R)-cocycle over T whose Lyapunov exponents and joint distribution of Oseledets spaces are prescribed a priori, and meeting any prescribed integrability condition.