You're right. It might have too much going on. I don't know if it needs charms in addition to all the different color chains. There are "pop-color cords" tying it all together too!I like the bracelet too, I just don't know if I would ever wear it...
This one is more my style: http://www.coach.com/lock-and-key-charm-bracelet/90489.html?cgid=women-jewelry&dwvar_color=MTI
I got it a few months ago and it is truly beautiful. I know I will get a lot more use out of it because it is more traditional and more delicate.