Check out the pictures of magenta, it looks really dry. The prices are higher too than BalNY. http://www.diabro.net/index.php/cPath/192_237
On the leather ... I was just at N/M (Houston) yesterday, and noticed that the leather on both the Bubblegum and Magenta bags were dry and the coloring seemed rather mottled. The '05 Magenta leather/coloring is (in my opinion) far superior. As far as the Bubblegum, it seemed to have the same problem as the '05 one - where it looked as though the dye didn't take in all areas. Bottom line, if I were to go for either color, I would want to see the bag "up close & personal" just to make sure (since I'm sooooooooooooooooo picky about the leather!).