Brenda Song, Trace Cyrus Call Off Engagement

Apparently our fickle Celebrity Romance Overlords can manage only one Cyrus engagement at a time.

Hot on the heels of news Miley and her "Last Song" co-star Liam Hemsworth were headed to the altar comes word that bro Trace and his fiancee, "Social Network" actress Brenda Song, have called off their nuptials.

"Brenda and I have decided to go our separate ways," Trace said in a statement to Just Jared Jr. "We split up a couple of months ago. We will continue to focus on our careers. I wish Brenda the best and much success in the future. I hope everyone can respect our privacy about this situation. Thanks so much."

Trace announced the pair's engagement via Twitter in October 2011, following a flurry of pregnancy rumors, which never seemed to materialize into anything.

All we have to say is, good luck re-entering the dating pool, you two! At least with Miley and Liam accounted for, you'll have a little less competition out there.

What do you think about Brenda and Trace calling it quits? Who do you think they should date now? Sound off in the comments and on Twitter!