Miley Cyrus, Liam Hemsworth smiles daisy dukes sandals short shorts cut-offs sunglasses

Way to flaunt it! The Disney sweet-tart and her hunky Aussie boyfriend Liam were spotted strolling hand in hand in Studio City on a beautiful afternoon. Miley even waved to our photogs!

And how cute does she look in her short shorts when the sun hits her?

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Taylor Momsen probably doesn't think so, but whatevs!