If you were wondering (because I know you were) what the fashion press had to say about Michelle Obama’s floral dress last night, here’s Women’s Wear Daily with some analysis:

Michelle Obama gave another nod to New York fashion on Thursday night as Sen. Barack Obama accepted his nomination in Denver. The potential First Lady chose to wear a dress designed by Thakoon Panichgul. The floral Radzimir kimono dress, part of Thakoon’s pre-spring 2009 collection, once again signals Michelle Obama has no qualms about breaking with presidential tradition, opting to wear a dress by a young New York designer to her husband’s most important speech so far.

A fashion-forward First Lady? It’d totally be first. (And I guess the $79 Gap sundress is waiting in the closet for the inaugural ball.)