It's not looking good for actress Kate Hudson and estranged hubby, Chris Robinson, lead singer of the Black Crowes.

Hudson had announced their separation last August, of course, amidst rumors of an affair with her "You, Me and Dupree" co-star Owen Wilson. So it was not surprising when Robinson filed for divorce right before Thanksgiving.  

After being repeatedly spotted with Wilson -- including during a recent vacation in Hawaii -- Hudson has finally stopped denying that she and Wilson are romantically linked.  I guess so.  How else would you explain it to the neighbors when your boyfriend drives his car up onto your lawn in Pacific Palisades and sings Elvis' "I Can't Help Falling In Love With You," accompanied by a boombox?

Now that's love.

The problem is that Wilson has a reputation as a real ladies' man, and has rarely been photographed with the same woman.  Until Hudson, of course.  Because all it takes is the right woman to cure a man of sex addiction, right?

The good news for eternal optimists is that Wilson was seen shopping for engagement rings on Friday, the day after Thanksgiving, in Dallas.  Good thinking, Owen.  If you've got to drop a bundle, at least get the ring on sale.

Wilson's publicist insists the actor was just looking for jewelry for his mother, who, in a highly original decoy attempt, was accompanying her son.  A source told the New York Post , however, that Wilson and his mother "were looking at a huge, pear-shaped, flawless diamond engagement ring."

Could "O" be short for "Oedipus?"

If not, it looks like this Hollywood hound dog, 38, might finally be ready to settle down.  But for how long?  Just last week, tabloids reported that Hudson, 27, was furious over Wilson's flirtations with co-star ... ummm.... the name escapes me, but it's some chick he's "working" with.  (Sorry. I can't keep all those women straight.)

Kate, Kate, Kate, Kate, Kate.  I know he's cute, but nobody -- and I mean nobody -- can teach a hound dog not to hunt.  'Cept Jesus, of course, along with a really good shrink, in most cases.  And so far, I ain't heard nothing about Owen Wilson heading toward the altar. 

It could happen, of course.  But until then, I wouldn't be betting my future, much less the future of that sweet little boy of yours, on such a precarious hook-up.

So shake a leg, darlin' -- and get yourself out of that doghouse.