Initial observations: Al and Tipper Gore look depressed. George H.W. Bush would rather chat with Bill Clinton than with Jimmy Carter. Hillary's royal blue coat is a winner. Do I like Michelle Obama's chartreuse dress and jacket combo, with contrasting green gloves? I can't decide. Malia and Sasha though, in their brightly colored little skirts and dress coats and perfectly folded scarves? To die for. --Dana Goldstein