Here are the steps for the smoky, surprise inky, Regina rehab with a disclaimer that I am new to this. It is safer to go slower and follow someone with more experience! I got great advice here but I took some drastic steps as I discovered surprises. I would have gone slower if I hadn't had ink seeping out of the bag. Here it goes:
As soon as I got the bag I sealed it in a bag while contacting the seller to see if I could try airing it out. I got some great advice here and aired the bag outside 24/7 until it rained. When inside, it was sealed up with zeolite or charcoal pouches. Eventually I kept the zeolite in the bag when it was outside too. I read about someone successfully spritzing vinegar on a leather jacket to remove smoke. The inside of the bag seemed hopeless; so after a week or so I spritzed the bag with vinegar water and let it air dry. The vinegar helped so much that I did this 3x, but on the 3rd time, the tiny dark spot on the bottom inside turned out to be ink and spread to the exterior of the bag. I panicked and blotted the ink with alcohol and then immediately gave it a bath. After rinsing, I poured vinegar into the bag and made sure it got all over the unfinished leather and into the pockets. It really held the liquid in like a canteen while I swirled it around! At this point, I could no longer smell smoke over the vinegar, but the ink had spread. I noticed more ink wicked out of the bottom of the bag onto a paper towel I stood it on. So it gave me an idea to try to pull the rest of the ink out. I have this amazing water-based surfactant product called Folex. Folex says not to use it on leather
unless it can be soaked with water. At this point I was pondering E6000-ing patches onto the bag. So I went for it with the Folex, and it worked! I saturated the ink in Folex and kept blotting the bag with paper towels until ink stopped coming out. Thankfully, this ink must have been water based. It came out so easily from the front of the bag. The ink seemed to be coming from under the leather in the bottom of the bag and seemed never-ending there, but thankfully it's barely noticeable there. It looks like slightly darker leather. I washed the bag quickly and blotted more ink out. So I don't know if the Folex was necessary or water would have been enough to dissolve the ink. I did a final rinse without vinegar (since it was already full of it!) and placed the bag outside to dry. I stood it up on paper towels to wick out more ink from the bottom, and it did pull a little more out. I decided that was the last washing because I don't want the ink to move around anymore now that the front of the bag is clean. I gave it 3 coats of Leather CPR and in this pic the 2nd coat of Blackrock's Leather N Rich had just been applied. I have charcoal pouches in all the pockets just in case there is any residual smoke, but no one can smell anything. I still need to put the hangtag back on, but I worked on the hardware some more after taking these pictures last night. I read that vinegar was good for the brass, but it seemed to cause a film on it. I also read that vinegar and heat lead to verdigris. Is any of that right? I tried ketchup on the turnlock but didn't like having it so close to the leather so I switched to baking soda toothpaste. It helped a lot, but I want to work on the hardware more. I am not ready to take it off after seeing pictures of what it can look like when done by someone (me) who doesn't yet know what she's doing!

Thanks again everyone! I can't wait to use my cute, brown bag!