it doesn't look cheap, but I suppose it will be a season-item, so no one will wear that kind of embellishment and that baggy shape next season... I wouldn't buy it..
personally, i am not a fan... but i would have to see it being modeled on a body to make a real decision. a lot of times things look crappy on the rack but look great once you try it on.
Well, it looks like something Nicole Richie would wear. If you're into that kind of style and have a 60's/70's vibe to your look then yeah, you could pull it off!
Not sure about it... might look a little "baggy" on and not do much for your figure, but I would have to see it on to know. As for lasting power, it looks trendy... so for me, I would have to say no.
I think if you're really lanky and thin it would work. It might be really cute, I like the color. Otherwise the thing with jewels like that is if they're cheap they might look it.