I owned a few Lodens (small and regular/large size) and bought them all within about a 3-4 month period, just in different colours and sizes (black/dune, dynasty red, navy, mulled wine, and smoke grey). I used them as my throw around bags for running errands or at my pt job however my issue with them was the main compartment closure which was just a snap button so if I'd my wallet, phone or sunglasses in there they'd be visible to passersby when worn open as a crossbody or on one shoulder. I ended up giving away two and selling the other three for that reason along with the fact that I have a greater preference for KSNY specialty items (the outlet logo really bothers me).
The style is similar to the MK Sutton and Tory Burch Robinson Double Zip, all of which are inspired by the
Prada Lux Double Zip Tote. From the contemporary brands the Tory Burch version is my favourite but also the most expensive. The KSNY Loden's were relatively low priced hence the reason I bought so many but also the quality was decent.
I did a reveal a while back with pictures of the bag and matching wallet as well as what fits inside the small size:
http://forum.purseblog.com/kate-spade/kate-spade-reveal-920315.html