Pick your chin up and stop drooling, because we're about to ask you the impossible: Miranda Kerr and Bar Refaeli arrived at Marc Jacobs' party together last night ... but if you could only choose one ... who'd you rather?

If Marc Jacobs wants to wear a kilt, Marc Jacobs will wear a kilt -- cuz this is the one designer jacked up enough to cause some damage to anyone who mocks him for it.

Carmen Electra and new boyfriend Rob Patterson went to Villa last night and signed the bare torso of an excited fan. Haven't we seen those guys before?

Also in L.A.: Rosario Dawson upped her indie cred with KCRW DJ/boyfriend Mathieu Schreyer (though they didn't want to be photographed together), Felicity Huffman talked twins and Mrs. Partridge Shirley Jones was out at Miceli's in Hollywood.

NY was full of hot men: David Beckham looking mayjah in a suit, Jonathan Rhys Meyers rocking a stache and Tom Brady had paps wondering "what's in the box?!"

Designer Marc Jacobs' Christmas party last night had one of the worst cases of camel toe TMZ's ever seen -- and it was on the designer himself!

While Jacobs was barely recognizable under his giant fur covered, Sharon Stone-inspired costume, NYC transsexual nightlife staple Amanda Lepore bared almost all in a Madonna meets Princess Leia slave girl ensemble. How either costume reflects the Christmas spirit we'll never know. Ho, ho, ho!

Nothing conveys your designer boytoy status like an expensive piece of jewelry -- made with a dead mouse? Marc Jacobs' starf***er, Jason Preston, showed up for a recent New York fashion event -- with a deceased rodent brooch.

According to spywitnesses, Jacob's arm candy said he couldn't take it off because "Courtney gave it to me,"-- as in dragalicious Courtney Love. When you start taking accessory advice from Courtney Love, and you're dating one of the world's biggest designers, you might want to rethink your priorities. Marc, Jason and Courtney -- equals three tacky, insane, blind mice.

Move over Kate Moss, there's a new emaciated supermodel taking over the fashion world -- Michael Stipe?!

With every other celeb and model booked, fashion designer Marc Jacobs has chosen the bald, rail thin REM frontman for his fall ad campaign. It's the end of the world as we know it!

Jacobs knows that nothing sells clothes like the sight of a shirtless, bird-shouldered 47-year-old man in neon blue pants! Nurse!

Can't get enough of the hideous Britney Spears outfits that TMZ brings you week after week? How about building one of your own?

This garish red Marc Jacobs purse, which once carried the makeup, chewing gum and other accessories of the rehabbed star, was auctioned off by Brit's sister Jamie for a charity. Now it's for sale on eBay, and you can be as craptabulous as Britz.

Gotta have a red purse, y'all! Only eight months until Christmas!

Selma Blair shows off her curves by sporting a Marc Jacobs "Protect the Skin You're In" shirt displaying a naked picture of herself on the front.

The "Cruel Intentions" star walked her dog through West Hollywood on Friday while promoting skin care all at the same time.

The shirt, from a new Marc Jacobs line, supports the NYU School of Medicine Interdisciplinary Melanoma Cooperative Group. The nearly X-rated clothing line is designed to grab attention and bring raise awareness about the dangers of skin cancer.

Several other celebrities stripped down to their birthday suits as well, including: Naomi Campbell, Winona Ryder, Dita von Teese and Carolyn Murphy.