Has this been hand painted around her legs? It's pixelated right on the edge of her legs, but then the surface behind completely smooth without tonal change whatsoever. Forgive me if I'm wrong, but it looks like it's been manipulated somehow (I don't want to say the d-word here).
Armin and huggyviking, thanks for the comments. This was scanned from the print. Then, I had to resize it couple of times to make it uploadable. It is possible that the pixelation was introduced by resizing the photo. Nevertheless, I do not see the pixelation on my monitor. But, now that Armin has pointed it out, I see that the legs look very flat.