I agree it's on the side of big on your small dainty wrists but it seems like you really like the watch. And I agree with uhpharm01, the second one is especially nice.
Will this be your first Rolex, do you already own another Rolex (maybe smaller) or similar brand in a smaller size? Is your style more casual than dressy? For instance I probably wouldn't wear this size for work or a dressier event but if you dress it down it may work. Do what you think works for your lifestyle and what rounds out your overall collection.
And as some of the other ladies said, maybe try the YM or another "sportier" style.
Will this be your first Rolex, do you already own another Rolex (maybe smaller) or similar brand in a smaller size? Is your style more casual than dressy? For instance I probably wouldn't wear this size for work or a dressier event but if you dress it down it may work. Do what you think works for your lifestyle and what rounds out your overall collection.
And as some of the other ladies said, maybe try the YM or another "sportier" style.