I’ve been seeing this everywhere and love that you can slap on some glue/get some pliers, throw on some studs and you automatically become a trexy (trendy+sexy) BAD GIRL!!!! BRUP BRUP!
There are so many ways to play with studs.
Heart, star.
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PARITATIME 
I love this look too! In fact, I wrote about it recently as well! http://lushtoblush.com/2012/05/10/summer-trend-alert-spikes-and-studs/.
❤ http://lushtoblush.com/
love it!