James Franco Does a Quick Change at Letterman

James Franco is flawless no matter what he's wearing, whether it be a peacoat and baseball cap or a finely tailored suit. He showed off both looks yesterday, the be-hatted version on his way in to tape Late Night With David Letterman, choosing to go low-key beforehand and haute afterward. Either way his best accessory was always on — his smile!

OK! GALLERY: JAMES FRANCO TAKES SOME MINUTES TO PROMOTE 127 HOURS

James is a busy guy lately, as he's in two new movies, Howl, as Beat poet Allen Ginsberg, and as a trapped hiker in 127 hours.

OK! NEWS: HOW TO KISS JAMES FRANCO — PRACTICE & PREPARATION IN 7 STEPS

Which look do you prefer on James — laid back with a ball cap or spiffed up in a suit?