Demi Lovato takes the plunge at the Latin Grammys

Now here's a risk Taylor Swift might consider taking.

Demi Lovato, 19, wowed at the 12th Annual Latin Grammy Awards in Las Vegas on Thursday (Nov. 10) in a wine-colored Roland Mouret dress and is already being compared to Jennifer Lopez's 2000 jaw-dropping appearance in a revealing Versace gown.

But while the Versace was quite transparent and plunged past Lopez's navel, Lovato was for the most part demure and covered up other than the cleavage reveal. She gets creativity points for wearing the dress backwards though. The front was actually the back of the dress ... or at least that's what the designer originally intended.

Alas, Lovato's recently reddened hair has already started to fade.