Kendra Wilkinson Approves of Jenny McCarthy's Playboy Cover

By Mark Gray

06/27/2012 at 03:45 PM EDT

Kendra Wilkinson doesn't plan on baring it all anymore, but she has a message for Jenny McCarthy, who, at 39 years old, stripped down for the latest issue of Playboy: You go girl!

"Good for her," Wilkinson – who's posed for her fair share of Playboy spreads – tells PEOPLE of McCarthy. "She definitely has it, why not flaunt it?"

McCarthy, the 1993 Playmate of the Year, returns to grace the cover of the July/August double issue, which hits newsstands this week.

"She looks great," the Kendra on Top star tells PEOPLE while in Las Vegas celebrating her belated 27th birthday at Pure Nightclub. "If that gives her confidence at almost 40 years old, why not do it?"

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McCarthy, who hosts NBC's Love In The Wild, has maintained humor in the months leading up to the issue release, recently saying she wanted to pose for the magazine once more time "before everything really falls apart."