L.A. Reid, Simon Cowell, Britney Spears, Demi Lovato

Frank Micelotta/PictureGroup via AP IMAGES

Britney Spears and Demi Lovato have been officially-and permanently-cemented into the X Factor family for life!

The 30-year-old pop princess and 20-year-old "Skyscraper" singer, along with fellow show judges Simon Cowell and L.A. Reid, were honored today during their very own Walk of Fame handprint ceremony at Hollywood's Grauman's Chinese Theatre.

We chatted with Spears and Lovato on the red carpet about whether they'd want to return for another season of judging (cover your ears, Nicole Scherzinger and Paula Abdul!)

"Of course I'd hope to be on it for more," Lovato told us. "This show has been so incredible. The best experience of my life. I can only hope for another season."

Spears was a little more shy, but oh so sweet, on the topic. "It's a possibility, definitely," Spears smiled.

Cowell seems all right with the idea of sticking with the current format for a season three of the show.

"Based on what you're going to see in the first episode, they are really, really good," he dished. "And they do bring this kind of excitement and star power to the show. They've done a great job. I've got to hand it to them."

As for who's the tougher judge between her and Lovato, Spears told us, "I think Demi. She's a little bit younger than me. She's a spitfire."

"I am a bit of a spitfire," Lovato said. "That wouldn't be the first time I've been called that."

See The X Factor's biggest OMG moments

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