Holy Toledo! Michelle Obama Sparkles in Diamonds and Gold

Like a beaming ray of sunshine, Michelle Obama officially began her own era as a style icon at this morning’s historic Inauguration ceremony. Appearing in a stunning gold sheath dress from Cuban-born designer, Isabel Toledo, Mrs. Obama made a glittering statement that was both conservative and fashion forward.

Her diamond-brooched neckline was the only sparkle to be found at the traditionally buttoned-up affair, and while many might interpret the choice as a bit much for such a serious occasion, I say: Shine on, First Lady, shine on!

"What's so powerful about Michelle Obama is we all see ourselves in her. She's a modern woman who is fashionable and even flamboyant in her style and she is still taken seriously," gushed red carpet stylist, Mary Alice Stephenson .

"She's wearing that dress today for all of us. We're all wearing that dress with her. The dress is elegant, appropriate and has the individual style stamp of Michelle Obama and is timely for a woman in her 40s — and she wears embellishment during the day. Hallelujah!"

Hallelujah indeed! Two icey diamond studs finished the look in addition to olive gloves by (drumroll….) none other than J Crew! And the adorable Obama daughters appeared in J Crew coats in periwinkle and pink.

Quel surprise!

And for those of you who want your own version of the inauguration frock, a spring version of the dress - which will retail for around $1,500 - will hit Barney's in March. Will the dress be a hit or a big miss for the masses? Did you like our First Lady's colorful choice today, or do you prefer the grey librarian look of Laura Bush? (rhetorical question...sorry). Weigh in!

I’ll be keeping a close eye on ball gown and bling buzz tonight, so stay tuned. In the meantime, I think I’ll glow in what poet, Elizabeth Alexander, so beautifully described as today’s ‘sharp sparkle’.

Indeed.