After tons of rough luck and buying (and returning-thank goodness) a fake MJ hobo stam, I'm ready to go pick one up myself full price at Saks. I really like the style of the bag and the quilting- I also like the idea that it is not as popular as the reg. stam. My only concern is that there is no zipper to close the bag. As it's a huge bag.... I fell like I'll end up putting so much stuff in it. I live in NY and am always cautious of my personal belongings. But i'm still curious if it's a great idea for me. Does anyone have the stam hobo? Do you feel like it stays closed sufficiently with that magnetic snap? I'd love to hear all opinions and info on this bag! Thanks!!