I saw this tote in the picture book today. It's your basic tote, but with leather on the inside too, or at least a strip of something. I believe it's bicolored, so contrasting interior. Can't tell from the pics of it's all lined in leather, doubtful, but u never know. Looks really functional and simple.
From what I understand, the new tote is indeed leather on the inside and is intended to be reversible...