Lace has popped up in a few different ways this season, but it's at its best, and most interesting, when used in panel form.
It's come in extremes - the black and very fine sheer lace dress from Preen isn't for everyone, but the girl who wears it is the guaranteed center of attention. Stella McCartney's version is a little bit sweeter. She cut strips out of her black, evening nightgown-dress and filled the holes with classic lace. And Christian Lacroix carved little lace windows in each side of his otherwise conservative black dress making Siri Tollerod's waist look even smaller.
Pretty much anyone could wear a version of this trend - but it's one that won't translate well with poor quality fabrics which could inhibit its trickling down. Though you could always cut holes in your favorite dress and sew in your own strips of lace. Or not.