HitSinging sensation Taylor Swift sparkles in this strapless, silver cocktail number. Though her pose is a bit stiff, she still lights up the red carpet at the 2009 Brit Awards in London.

HitNew York City loves fashion week — especially the A-listers who come out to party. We wish we had been at the opening of the Giorgio Armani store on Fifth Avenue to catch a glimpse of Revolutionary Road's Leonardo DiCaprio. Even though he was snubbed by Oscar voters, in this suit, Leo's got our vote for hottest actor in town.

HitIs it cold out here, or is it just the missing bottom half of this dress? Love it or hate it, (and we liked it a lot), Isla Fisher's got some cajones to walk the red carpet in such a short frock. The petite actress donned this black mini for the UK premiere of Confessions of a Shopaholic.

MissThis outfit isn't all that bad, really. Unless you count the fact that Benji Madden's pants make him look like he has the legs of an 8-year-old boy. The Good Charlotte guitarist posed for cameras at the Children Mending Hearts Gala at the House of Blues in Los Angeles.

MissWe never understand why hot people wear clothes that make them look terrible. Katy Perry is adorable and has a killer bod, but you'd never know it in this getup. The singer struck a pose in this hideous, guitar-themed corset and spandex leggings at the Brit awards.

MissGwen Stefani and Jennifer Lopez's outfits aren't bad, per se… but they're so boring! These two are known for their daring fashion statements, so you can see why their efforts at J.Lo's Celebrate Andrea Lieberman event are really disappointing. We feel like we're in some strange land: Where are the eight-foot-high bangs, Gwen? The inappropriate neckline, Jen?

HitEntourage's Emmanuelle Chriqui looks fantastic in this sexy white gown — complete with a naughty peek-a-boo slit up the front at the Costume Designer Guild Awards in Beverly Hills.

MissSo shiny! It... hurts... our... eyes! Gossip Girl's Chace Crawford looks like picked up a Four Tops suit, and then did some squat-thrusts to get that wrinkled effect on the pants. The actor poses for photographers at the Giorgio Armani store opening. He's just so pretty, we might be able to forgive him... maybe.

HitAlthough we're definitely not into anyone over the age of 16 wearing tiaras (OK, brides are acceptable), Debra Messing looks radiant at the Costume Designer Guild Awards.

MissHow does Lionel Richie not age? (Bastard!) Despite the fact that he looks great, the different fabrics and textures of his ensemble are distracting and, yes: fugly. But maybe he got a better reception from the crowd as he walked the Brit Awards' red carpet.

HitElizabeth Banks might make us forget all about her recent foray into the horror genre (with her creepy role in The Uninvited) after wearing this sassy, black cocktail dress to the Children Mending Hearts Gala in Los Angeles. We love the fit: Its subtle asymmetry and the skinny, patent leather belt shows off her waist.

MissOh, this picture is just too diabolically delicious to not discuss! Mel Gibson — arriving here at the 59th Annual ACE Eddie Awards — appears to be completing his transformation into a mustache-twisting villain quite nicely. What's up with the crazy facial hair? We hope that look is for a movie, but we have a suspicion it's just Mel being... Mel.

HitTaraji P. Henson, Oscar nominee for Best Supporting Actress in The Curious Case of Benjamin Button, shines in this platinum party dress at the ACE Eddie Awards. Based on this hot little number, we think she has a great shot at making our fashion hit list at the Oscars as well.

HitElton John looks a tad goofy, but well-dressed in a sandwich between his partner, David Furnish, and model/businesswoman Cindy Crawford at Room 23 in Los Angeles. Furnish and Crawford also get kudos for being the epitomes of classic elegance in their respective ensembles.