This fall season lace is making a statement and emerging as a leading trend. From lace overlays offering a seductive peek-a-boo effect to fancy lace trimmings on shoes, designers are offering a range of pieces that allow you to alternate your look from naughty to nice with this one trend. Lately, celebrities have been seen wearing this latest fashion craze on the red carpet. Gossip Girl’s Leighton Meester (pictured above) left little to the imagination when she recently wore a sheer black jumpsuit from Marchesa’s Spring 2011 collection in NYC. Emma Watson (below) stunned in the racy black lace & feather mini by Rafael Lopez at the World Premiere of Harry Potter and the Deathly Hallows. And, model Hedi Klum jumped on the lace bandwagon when she arrived at the 2010 American Music Awards wearing a floor-length black lace Victorian style dress. What do you think about celebrities new enthusiasm for lace? Love it or Hate it?