NOT good news for Britney Spears ..... Britney Spears and Kevin Federline have settled their custody battle – avoiding a messy trial. According to the agreement, reportedly signed by all parties, Federline gets SOLE custody of the couple's two sons, Preston, 2 1/2, and Jayden, 1 1/2. Spears will have visitation rights. "The case has been settled," Federline's attorney, Mark Vincent Kaplan, told E! Online. "The court still has to approve it. " The two are due in court Friday.. Spears is said to have wanted joint custody, but her "unstable" ways stopped all chances of that happening.

In other Hollywood baby news...

Us Weekly says that Jennifer Garner's former "Alias" co-star Victor Garber (who also married the couple) is confirming that...

Jen and Ben Affleck are expecting their 2nd child and that she's about 5 months pregnant!  Also...

Word has it that Ashlee and Pete's baby will be a daughter with a possible Halloween birth date...how perfect would that be!  And guess who's expecting another boy...

That's right. today's Page Six is reporting that little Kingston will have a baby brother any day now, as Gwen and Gavin are expecting a son!  And finally, we've already seen Jessica Alba and her adorable son on the cover of the new OK! Magazine here in the states, but check out the cover of the Spain edition featuring the hubby too...

Just precious!