I would also say go for it, you've cleaned out some bags and have a spot for it and it makes you happy and it is an adorable tote.
I think I will keep it. It's unique and cute. I've decided to take out one other bag and give it to a friend. So that would be 4 out and 1 bag in. But I would like to know more about this bag but it's proving to be quite difficult for me to find info on it.