Mo, you have a knockout figure and this dress fits you to a tee!
I'm personally not a fan of the cutouts (somehow I totally ignored everything in fashion in the 80s), but for $25 I'd probably get it, give it a wear and see how I felt. If I felt too sexy (or whatever), I'd consider removing the sleeves or always throwing something over it (but that better be a something you already own!), or seeing what a tailor can do (short or elbow length sleeves maybe).
But I get reckless with buying things that don't cost an arm and a leg. . . .
Strange question, but does scrunching up the sleeves change the overall effect any?