We're not even a week in, and already Miley Cyrus has quite the busy 2012 in store for herself. 

Besides the release of Lol and So Undercover, Miss Miley has just been announced as one of the hosts of MTV's revamped version of Punk'd AND has a new tune on the horizon (win!).  Our Katie Krause is breaking it down in today's Hollywire Hot Minute!

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Miley teamed up with her BFF and So Undercover co-star Kelly Osbourne to pull a pretty laugh-out-loud prank on Khloe Kardashian-Odom.  MTV released the sneak peek clip during their annual New Year's Eve bash -- and we have to say, we are beyond stoked!  While the show doesn't premiere till March, this preview should hold you over and provide you with some chuckles. 

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Now, besides getting into mischief with MTV, the teen queen is also rumored to be putting out a duet with Shakira!  The song is reportedly called Love & Rock and will premiere on Valentine's Day at a Charity Gala that supports children with heart disease. That's our Miles -- always giving back!

With all these new projects, we want to know who you think Cyrus should work with next?  Clearly, I think Demi Lovato!  Let us know!