What kind of person buys the Designer for H&M range? And don't tell me it's people interested in fashion but with not enough money to afford the real stuff... Cause I don't believe that.
If you're interested in fashion and you have taste, you can find your style at any price. Don't waste your money on these collections, be resourceful, be imaginative and please, don't be a sheep.
Look at alternatives, they'll usually have a better quality, better cuts and will be more original. And you won't be remembered as "the girl with the Lanvin for H&M dress anno 2010". And don't get me started over the shoes :-)
Above all, it's not worth being stabbed for (New York, last Saturday).