I agree that it's cute. But I worry about buckles on wallets -- they tend to get caught on things in my bag, or on the bag lining. It would be great, I agree with Cristina, in contrasting colours.
LOVE the wallet! I ordered the bag in tan/black and also in red patent leather. I'm waiting for them to come in so that I can look them over and see if they're worth buying. At first, I was in love with the tan/black but now......not so sure......we'll see! But the wallet is ADORABLE! I may have to get the bag just to justify getting the wallet to go with it!