We haven't seen Kate Hudson in awhile -- girlfriend has been keeping a low-profile between movies (except for that cameo on "Glee," of course). But now she's back in full view, if you know what we mean.

Kicking off the 2012 Venice Film Festival, Kate walked the red carpet for her new flick "The Reluctant Fundamentalist" in a flesh-toned, cutout, sheer confection (yes, this dress had all those things). Welcome back, Kate!

Hudson dazzled next to her slightly more rumpled fiancée Matt Bellamy, accenting her high-wattage dress with Fabergé jewelry. The dress, while much sexier than her off-duty wear, is classic Kate -- we're getting a serious "Atelier Versace at the 2003 Oscars" vibe (in fact, this dress is from Atelier Versace's Fall 2012 collection).

That Oscars dress catapulted the actress onto dozens of Best Dressed lists. But we've got a few questions to clear up before we declare this dress a win, namely: how the heck do you find underwear with a front slit that high? And is she not chilly with half of her tush hanging out? (Anja Rubik might have an answer to the first question, Beyonce to the second.)

Check out the new mommy (!) having fun at the Venice Film Festival. Are you a fan of this revealing dress?

PHOTOS:

kate hudson sheer dress

kate hudson sheer dress

kate hudson sheer dress

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