This week brings good news and bad news for Jesse star Christina Applegate. The bad news is that NBC has just canceled her sitcom; the good news is that she's engaged to be married!

Applegate, who rose to fame as Kelly Bundy on the gross-out sitcom Married... With Children, is preparing to walk down the aisle with long-time actor-beau Johnathon Schaech (Time of Your Life). TV Guide Online learned the news at last Saturday's Revlon Run/Walk for Women in Los Angeles, where the blushing bride-to-be was sporting a big rock on her ring finger.

The Hollywood couple first met a few years ago when Applegate went to see Schaech in a play. But they decided not to go public with their romance until two years ago, when they showed up hand-in-hand at the star-studded Armageddon premiere.

Applegate remains hopeful that Fox will continue to support Time of Your Life, which, like Jesse, has struggled in the ratings. "I'm happy that he gets to be home rather than going off to different locations," she says.

The couple, which has not yet set a wedding date, recently returned from a romantic holiday in Hawaii. "Getting out of town always puts a spark in our relationship, when you can hear crickets and babbling brooks and we're happy."