Kat Von D and Jesse James: Back Together and Engagement Back On!

SAY WHAAAAAAAAT?! Earlier today we found out that Kat Von D's show LA Ink is on its last season (which Kat tweeted was her decision). Now it has been reported that not only is Kat back with Jesse James, with whom she split up with last month, but their called-off engagement is now back ON!

Whataminute, whatjusthappened?!

The two have been posting photos of themselves locked in an embrace on Twitter.

Kat tweeted this photo...

...while Jesse tweeted this update:

In an interview with PEOPLE, Jesse made the news official: the engagement is back on and Kat is now wearing her ring once again.

"Sometimes you are only given one chance in life," he says. "It was up to me to open my eyes and see it. That girl is my chance. I will never stop fighting and striving to hold on to her. Showing her how special she is, and how much I love her."

What do you think of Kat and Jesse back together? Do you think round two of their relationship will last?