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Kevin Federline would like Britney Spears to see their kids, Sean Preston and Jayden James, even during the current conservatorship.

According to TMZ, the FedEx man has no problem allowing the kids to visit Britney at home, with one string attached – that her parents are present.

K-Fed isn’t worried that anything bad would happen to Sean Preston and Jayden James, but does fear that Britney might drive with them. Too dangerous.

Jamie Spears’ presence would help assuage those fears.

Sources also say K-Fed doesn’t necessarily want custody 100 percent of the time, and would like Britney to share custody or at least have visitation.

Of course, if recent comments attributed to Jason Alexander are to be believed, Britney might not necessarily want custody back. So who knows.

There’s also the matter of Britney’s propensity for wearing no underwear. The flashing of the vadge may not be the best trait for a kid’s role model.

In other news, there’s talk of Britney Spears going to a private facility for treatment and K-Fed having no problem allowing the kids to visit her there.

Attorneys representing Britney are in court right now for the first custody hearing since the pop star’s most recent hospitalization.

Brit’s soon-to-be-gone attorney, Anne Kiley, asked Commissioner Scott Gordon to put a gag order on the lawyers and others connected with the custody battle, preventing them from speaking to the media about the case.

K-Fed’s lawyer, Mark Vincent Kaplan, objected to the gag order, saying it’s a violation of freedom of speech. The motion was denied.

Further developments to follow