Help Disney! I'm confused

So, apparently Disney is all in a huff about Miley Cyrus' photo shoot with world famous photographer, Annie Liebovitz. The complaint has been that the photo is too revealing.

Well, not seeing anything wrong with the photo, I wondered if I could find a comparable shot that Disney clearly does approve of.
Above, you can see a little comparison i did.

One of the scantily clad young ladies is presenting her chest to the world while the other has basically got her back to the camera.

So, which is more revealing?