16 January 2013 1:11 PM, PST | E! Online | See recent E! Online news »

Peephole position is among the most serious issues plaguing celebrities today. You can't just go flashing a patch of skin in any old spot. At the Globes, Michelle Monaghan (in Vera Wang) and Jena Malone (in Cushnie Et Ochs) showcased what we're calling the "Reverse Cleavage Cutout" in two similarly bold-colored gowns (we prefer Malone's, you?). Naomi Watts took a more classic approach with an almond shaped sliver towards the top of her Zac Posen stunner. But we think Kristen Wiig is a cut (out) above the rest, with her plunging Michael Kors neckline and pie-shaped peep design. Delicious! With these bases uncovered, there's no telling what bit of skin we'll see »

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