Is Bridget Marquardt the new Rainbow Brite?

The "Girls Next Door" star rocked a multicolored tutu and matching purse to the "Heel" Hate, One Stiletto at a Time event to benefit the Matthew Shepard Foundation this week. Whatever happened to a good ol' LBD?

Have something to say about this daring style? Sound off in the comment section below.

See more daring celebrity styles now!

Photos: Jean Baptiste Lacroix/WireImage