Wear Chelsea Clinton's Wedding Dress -- Just $350!

We all went gaga for Chelsea Clinton's wedding dress, didn't we? I know I did.

Well, now you can get the wedding gown -- not for the tens of thousands of dollars that Chelsea's Vera Wang dress probably cost Bill and Hillary -- but for just $350.

Oh, how I love a good wallet-friendly knockoff ...

It didn't take Allen B. Schwartz, design director for ABS, long to knock off the elegant Clinton wedding attire. He's planning to launch budget-friendly versions of Chelsea's Vera Wang gown as well as Hillary Clinton's Oscar de la Renta dress just in time for the holiday season.

"I'm sure those dresses are $20,000 to $30,000, and you can have an ABS-inspired dress for $300," Schwartz says tells ET. "Right now organza is the flavor of the month … It's very romantic and very expensive looking."

“The rhinestones were the real inspiration for me,” Schwartz told the Daily Beast. “A belted gown is the trend right now, and Chelsea was wearing it perfectly.”

Schwartz's knockoff bridal gown will also be made of organza and will include a rhinestone-embellished belt.

This isn't the first time Allen Schwartz has made budget versions of bridal dresses and hot celebrity fashions. He also knocked off Jennifer Aniston's wedding dress after she and Brad Pitt were married.

The wedding gown retailer David's Bridal is also getting in on the Chelsea-knockoff action -- although apparently in partnership with Vera Wang. They're showcasing these two Chelsea-reminiscent gowns: an Organza Tiered Ball Gown with Asymmetrical Ruffles ($850) and this Organza Ball Gown with Tiered Skirt and Ruching ($549).

What do you think of the Chelsea Clinton wedding gown knockoff? Would you try it on?

Images via ET and The Marquee Blog