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How much is the ring?
Why would that be important?
I personally love this particular ring (in fact, I had hinted heavily towards the blue sapphire in the days before I was engaged). I think it would make a lovely engagement ring for a woman who wants something with a unique feel to it.
I would recommend stopping by a Tiffany's to see how it looks on your finger. A few pieces from the Legacy collection can look pretty big on the finger, and it would be easy to veer a little too into the "cocktail ring" realm.
It's beautiful! I usually like blues better but it really depends on your colouring (blondes look gorgeous with pink) and personal liking!
I think it's is a wonderful e ring, and I don't get the "right hand ring" comments, if it was a pink Diamond everyone would be aaaah-ing and ooooh-ing... a bit hypocritical imho...