If you're talking women, sure, she's hot. Better than most of the women in the White House for the last 30 years. But that doesn't make a political statement at all.
Laura Bush is attractive and was quietly busy doing stuff the whole time W was in office. Did you notice the interviews between the election and the inauguration? Michelle couldn't let Hussain say three words before she was butting in telling the interviewer what was really the story. Somewhere in the last couple of months someone must have explained to her that HE got elected, not her.