So, word on the street has it that Kate Hudson was given a big phat rock, or engagement ring, whichever you prefer. I'll call it Mr.Sparklie. Well, that's not entirely true. So, according to Fame Pictures:

Actress Kate Hudson bundles up while waiting to film scenes from "Something Borrowed" in New York City, NY, on May 11, 2010. Kate is wearing what looks to be a large wedding ring on that special little finger but its most likely a costume prop for the movie.

But, in more important news... have you seen her classic white Dior sunglasses? Those are totally sick!. I so have to get a pair!!! They're PERFECT! Totally the stuff dreams are made of for this gurl.