Remember back in fifth grade when, dying of boredom, you would paint your nails with Wite-Out? Well, if you were a fan of the look (and even if you weren't,) brace yourself- Chanel is bringing it back with their new nail color, White Satin. Peter Philips, Chanel's Creative Director for makeup, had the flip side to last year's megahit, Black Satin, worn by all the models at the recent Maison d'Art Collection show in London in a nod to 60's mod. Beauty brands like Nars and OPI have had white nail polishes out for a while, but we know when Chanel gets in on a look, it's officially a trend. The color won't be available until January, but don't worry- we're betting no one will be able to tell the difference between Chanel and Essie. Personally, we think white nails are a little too arts-and-crafts to look cute- but what do you guys think?