Jennifer Lopez -- A Nip in the Air?

Jennifer Lopez and Cameron Diaz presented a pair of awards at the Oscars and they may have been joined on stage ... by JLo's areola.The debate is raging on Twitter ... was it a nip slip? Maybe a shadow? Watch the clip and tell us ...

Source: http://www.tmz.com/2012/02/26/jennifer-lopez-nipple-slip-oscars/

Barry Gibb Whoopi Goldberg Cary Grant Lee Grant Peter Graves