Penelope Cruz looks drop dead gorgeous in a gold leather Versace dress in the pages of Harper's Bazaar. Muy caliente!

The Spanish actress and mom of 14-month-old son Leonardo is planning on slowing down her acting career. Cruz tells the mag:

"Maybe I'll make one movie a year, maybe two, but it's not going to be more than that because I have other priorities now."

Penelope also opens up about her obsession with Meryl Streep. She adds:

"When I first started watching movies and I saw Meryl's work, that's when I became obsessed with acting. Now I kiss her whenever I see her! She must think I'm crazy."

Click thru to see Javier Bardem's wifey showing a whole lotta leg.

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The always stunning Penelope Cruz looked drop-dead gorgeous in a custom silver Giorgio Armani organza gown, paired with Chopard jewelry, at the Academy Awards Sunday evening.

Cruz was the first Spanish actress in history to receive an Academy Award, and she's serving as one of tonight's presenters.

What do you think of Penelope's red carpet look?

We don't know how to handle this many good-looking people in one family!

Penelope Cruz and Javier Bardem took their rarely seen son Leo on a Spanish holiday to spend time with Cruz's brother, Eduardo and his girlfriend -- who is, of course, Eva Longoria. They're vacationing in Roses, Costa Brava.

The group had a mountain-side lunch on a beautiful spread, and Eva, 36, couldn't keep her hands off of her younger man, Eduardo, 25 -- see the pics in our gallery below!

Little Leonardo was born at the end of January to Bardem, 42, and Cruz, 37. The couple began dating in 2007 and married in secret in July 2010. Leo is the pair's first and only child.

While Penelope and Javier are notoriously private, they have revealed the story of how they met -- and it totally surprised us! See the super-sexy video of their first encounter after the jump!

Mert Alas & Marcus Piggott

Penelope Cruz has transformed from a natural beauty to a heavily made-up vixen for V Magazine's Transformation issue. Ooh, la la.

The 37-year-old mama is showing off an androgynous and sexy look ... all in one photo shoot!

Ms. Cruz, wearing a black Dolce & Gabbana dress, tells the mag her biggest transformation to date "is becoming a mother ... it changes you forever."

Penelope is set to star in Woody Allen's upcoming film The Bop Decameron.

See more of the sexy Latina ... after the jump.

Penelope Cruz, 37, is on the cover of Vogue's latest issue, and look at that post-baby bod!

The actress opens up for the first time about her son with husband Javier Bardem, 42 -- baby Leonardo! She revealed that she discovered she was pregnant right before filming for Pirates of the Caribbean: On Stranger Tides started. She said she felt protected by her co-star and friend, Johnny Depp (the two also starred in 2001's Blow) during filming.

“I was pregnant and a pirate. A beautiful experience.”

In fact, Cruz was so overcome with joy that she broke into tears!

“This [crying] has never happened to me. This is really funny. I’m sorry. It’s unexpected. From the first second, you feel so much love. It is a revolutionary experience. That’s the best way I can describe it. It transforms you completely, in a second. Nature is very wise and gives you nine months to prepare, but in that moment — when you see that face, you are transformed forever."

Cruz even brought baby Leonardo to one of the photo shoots. The pics were taken by Mario Testino, who shot Prince William and Kate Middleton's engagement photos. Cruz is very protective of Leonardo -- he has never been seen in public.

“I want my son — and my kids if I have more — to grow up in a way that is as anonymous as possible. The fact that his father and I have chosen to do the work that we do doesn’t give anybody the right to invade our privacy.”

See our gallery below for all the pictures of Penelope in Vogue. Cruz also opened about her favorite guilty pleasure ... see what it is after the jump!

Disney stars were out in full force for the premiere of Pirates of the Caribbean: On Stranger Tides Saturday at Disneyland in Anaheim, Calif.

New mom Penelope Cruz looked radiant in a feather and lace mermaid gown, while Johnny wore is usual eclectic look.

BFFs Ashley Tisdale and Vanessa Hudgens were hand-in-hand on the red carpet, fresh off a trip to Cabo together. These young stars with their sexy dresses and lots of leg almost stole the show!

The fourth installment in the Pirates series finds Jack Sparrow and Barbossa embarking on a quest to find the elusive fountain of youth, only to discover that Blackbeard and his daughter are after it too.

Tickets to the Disneyland premiere were sold out at $1000/each -- the total ticket price going to benefit the Boys and Girls Clubs of America.

The film opens May 20th in the U.S.

And not only that, but her hunky husband Javier Bardem was there as well -- talk about the perfect day!

Oscar winner Penelope Cruz was given a star on Hollywood's Walk of Fame this afternoon, and her Pirates of the Caribbean: On Stranger Tides and Blow co-star Johnny Depp was on hand to speak at the event. Depp joked that "a relatively long time ago, we did blow together," and the Spanish starlet later told the crowd that when she first came to the United States, she only knew how to say "How are you?" and "I want to work with Johnny Depp" in English. Hilarious!

Penelope Cruz is making the rounds promoting her upcoming film Pirates of the Caribbean: On Stranger Tides, and last night, she wowed the audience at Jimmy Kimmel Live in a sexy black dress.

Looks like the new mom has her pre-baby body back! Javier Bardem is one lucky guy.

While talking to Jimmy, she reveals her co-star Johnny Depp loves fart humor. She tells Kimmel:

"I was doing a very dramatic close-up, and he kept making that sound with the machine… I was just thinking, 'I hope they're not thinking it's me'. When I met him ten years ago, he had a plastic [fart machine], and now, ten years later, he has one with a remote control."

Cruz went on to gush about Depp ... telling the audience:

"I only have good things to say about him... He's really one of the most kind and genuine people that I have ever met. He became a good friend. And he's so funny - I guess people know how funny he is. He has one of the best senses of humor, he's kind and smart. I love working with him."

Sounds like a lovefest!

See video of Penelope on Jimmy Kimmel Live ... after the jump.