I really like the look. I'd wear it myself but my hips are my largest asssset (hee!) so it's not the most flattering on me. But if it were, I'd be sporting it myself!
I still think it's a cute look. I wish my hips weren't as big, so I could rock it more. I think maybe the difference this spring is that the belt-at-the-hip look will have more of an 80s feel, w/ tights.