I missed seeing it at my store tonight by about an hour (got stuck working late) and the other person who ordered it had already picked up. BUT, I'm driving into San Francisco to look at it there and possibly buy it. The SA's at my store said it is indeed closer to a Nubuck suede with a pebbled finish that is ultra soft and squashy.
I also got the scoop on the Feather Fob! What happened is that it was a promo piece to be given out at fashion events, etc. Because every
Coach item has a number, it was in the system. Someone must've posted it up somewhere and everyone started ordering, but it was never meant to be sold. SO, those who got it, you've got a rare item!!