Love it! I have a black First w/pewter hardware from 04 and it has the softest leather of all my bags. When I got it (pre-loved, of course) and took it out of the package I just sat there touching the bag for a while, because it was so soft. (Sometimes I still do that - I "pet" my bag! I bet people think I'm nuts.) The leather seems thicker than the leather on my later bags, too.