CFDA Fug or Fab: Abigail Spencer in Novis

It's driving me bonkers*, trying to remember where I've seen this dress before:

But regardless, I Have Thoughts:

a) It has A LOT going on.

b) Does it feel too informal for this event?

c) Do I CARE? Because it's also extremely charming and she wears it well. Maybe I don't care. Maybe I like it anyway. MAYBE I DO.

*Thank you, Kathleen Trail, for reminding me it was on Zoe Kazan, where it was ALSO adorable! (Yeah, I just fully talked myself into it.)