"Miley and I looked at fashion photographs together and we discussed the picture in that context before we shot it. The photograph is a simple, classic portrait, shot with very little makeup, and I think it is very beautiful."
Vanity Fair got millions of hits, and Disney says: "A situation was created to deliberately manipulate a 15-year-old" ... whose father was right there the whole time.
Here's the slideshow at Vanity Fair. Judge for yourself. I think the photographs were intended to get the attention they got, but don't actually cross the line into scandalous. The girl is beautiful. Deal with it. Bare shoulders are not nudity. But to say "very little makeup" when there is red lipstick... well, that's disingenuous.
ADDED: Compare this, from another era. Scroll to 2:51 to start.