I own both of the YSL woc sizes and like the "yellowness" of the GHW because it's the closest color to my gold accessories and I find bit more classier (disclaimer: not a SHW person). The smaller woc has a longer chain with a leather strap whereas the bigger one it's just the chain. I've own both a couple years now, and have worn the smaller one a lot more, but have recently been reaching for the larger one. I think it comes down to preferences. Side note: YSL have a new bag size this season as well, with a medium envelope bag that looks fabulous and not so big as the large envelope chain bag.