Fake Alert: Demi Moore parties with her nipples out!
Update: the shots are fake!... we're not even going to call this a nipple slip. Demi Moore put that dress on, looked in the mirror, saw her big nipples hanging out and and said "Let's Party!" - you go girl. click this box for the extra large shot! (via the fabulous A Socialite's Life)

UPDATE: Via Yeeeah, it's a FAKE! SORRY DEMI but a damn good one ;-) as Grid sayz, Demi's a classy lady after all.