Or Instagram, which does none of that?
Personally, I wouldn't download a style app that wasn't itself stylish. It'd be hard to recommend to my stylish friends. And something like this will take off via word of mouth and community building.
Right now, afaik, the leader in this space is Pinterest. You could do the same sort of thing Instagram did to Facebook--be the indie alternative that the cool kids use. But IMO you need more of that cool kid mojo. I'm not quite sure how to get it... brilliant designers and product people are hard to find. Maybe you are brilliant, but haven't put enough time and polish into the product yet.