In LOL, Miley Cyrus stars as Lola, who goes by the nickname of "Lol," so the title isn't just reflective of her generation's love for and reliance on technology. But cell phones, IMs, and texting do play a big part here, as Lola and her friends navigate high school and its profusion of boys and partying. Of course, no high school movie is complete without a disapproving parent, and Lola's mom (Demi Moore) certainly doesn't endorse Lola's misbehavior, which includes failing her classes. Lola eventually gets to go to France for some reason, and things with her mom start to look up.
LOL in general seems achingly cheesy (it's not helped by voice-over lines like "she's at that special age when hearts are broken"). That said, I probably would have liked it when I was Lola's age; the trailer is bubbly and light, and worth it to watch for the costume changes and man candy (and to see if you can pick out the very brief glimpse of Ashley Greene). There's no release date set yet, but you can watch the trailer after the break.