Lisa Rinna replacing Regis Philbin on Live?

Lisa Rinna could very well be replacing Regis Philbin on Live. Sources say Lisa is the hot favorite to join Kelly Ripa in front of the camera when Regis retires later this year.

“Lisa has proved she can do the job,” an insider told the PopEater website.

“She has co-hosted the show with Regis, filled in for Joy Behar on her show and was even better than Billy Bush when she stepped into his shoes on Access Hollywood’s new daytime show.”

Recent reports claimed Lisa and her husband, Harry Hamlin – who have been married since 1997 and raise daughters Delilah Belle, 12, and Amelia Gray, 9, together — are keen to add to their brood.

“The timing is just perfect now and the girls are at a great age,” an insider said.

“How much fun would it be to watch these two as they prepare for another child?

It’s believed Harry Loves Lisa star Rinna, 47, will be happy to let camera’s follow through the pregnancy.

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