My thoughts.
First of all, that true love waits thing with the purity ring has been around for years and years. They had similar things within my youth group growing up, but I told my parents I didn't need a ring, thanks very much

I think it's a bit over the top and creepy, personally, and think it's a decision that the child needs to make for themselves - not their parents. To add to that, out of ALL the friends I had in church that took part in that series with me and signed those commitment cards, only 2 of us married as virgins. One girl in particular had parents that made it a huge deal and bought her this over the top gorgeously expensive purity ring. She flaunted that sucker like crazy, and told everyone at school what it was about. Yep, you guessed it - she was pregnant at 17. A fancy ring given to you by your parents does nothing unless you geniunely want to hold out.
I have no doubt Jessica was a virgin on her wedding day, nor really care. I was 23 on my wedding night and it really wasn't hard. Just takes a commitment.
Joe Simpson was my camp pastor one year at youth camp. I don't remember much about him, just that he had his daughter come sing one night at camp - we were told by him that she's an up-and-coming Christian artist. Anyways, she showed up wearing barely nothing and sang. None of us were impressed by her "talent," and our youth minister and chaperones that week were frustrated that she was allowed to wear little clothing yet we all had to abide by a dress code! So even at a young age, she didn't hide much.
I have a good friend that went to HS with her, and church. Joe was her youth minister for a few years. She said the Joe you see on TV was the Joe she knew as her minister - same with Jessica. At least they're geniune! =(