Mischa Barton’s Cut-Out Dress: Yay or Nay? (PHOTOS)

What’s one way to beat the summer heat? Wear a cut-out dress like Mischa Barton.

The 24-year-old former OC star was photographed in a red and white Miu Miu dress in London earlier this week. The dress, which features cut-outs on the chest, is certainly on the daring side, but looks flattering on Mischa.

What do you think of Mischa’s Miu Miu dress? Let us know what you think in the comments section. Click here for more photos and check out all of our fashion coverage over at Fashion FAILs and FTWs.