The VMAs red carpet is under way, and we're twittering live from the scene. Lady Gaga never misses a chance to make a fashion statement, and this time she opted to pair her daring Alexander McQueen dress with multicolored hair and a gold headdress. Considering some of what she's sported in the past, this look is relatively tame — what do you think about her look? She's already won two moonmen during the preshow, so it's looking to be a big night for Gaga. Plus, it was just announced that she's coming out with her first fragrance. Weigh in on all the fashion on Fab and beauty on Bella's live love it or leave it polls!