According to the current issue of Life & Style, the custody issue of Britney and K-Feds kids has been decided. Despite all her cooch flashing, wild partying, barfing in cars, passing out in nightclubs, and merry-go-round of men, Britney has won full physical custoday of Sean Preston and Jayden James Spears-Federline.

K-Fed's bid to get $50 mil out of the deal was a no go, and he is having to settle for half of the sale of their Malibu mansion, worth $13.5 million, $500,000 cash, and the bling jewelry he collected during their marriage. In accordance with their iron-clad pre-nup, Fed_ex also has to return to Brit any gifts she gave him worth over 10 grand, should she ask for their return. Bye bye, $225,000 Ferrari!

Labels: Britney Spears, Kevin Federline