[Photo by JOE SCHILDHORN for PMc]. Describing this picture as fierce wouldn't even begin to do it justice. The cleavage! The orange skin! The leather pants! Valentino and Madonna (along with practically the entire Who's Who of New York society) spent yesterday evening dancing and drinking at The Boom Boom Room in celebration of the DVD release of "Valentino: The Last Emperor".  Be sure to check back later in the day for our extended coverage...