Style Verdict: Leggings as Pants?

Ok, I'll admit, I own a pair of liquid leggings and I love them! They're supremely comfortable and add a soupcon of edge to long sweaters or tunics. Hollywood hottie Meagan Good also loves her leggings, and seems to wear them to most events:
...but instead of wearing them under a long shirt or skirt, Ms. Good hoists her leggings up, adds a belt, and wears them as pants. I personally think the look is too saucy for the daytime and is even a bit much if dressed up.
But what do you think? Would you wear leggings as pants?