The Speedy 30 and Neverfull MM were my original first two bags I ever wanted, and like you, wasn't sure what to choose first. I knew I'd end up with both eventually
I am purchasing the Speedy 30 in a few weeks, but for now I thought I would give you some insight on the Neverfull, which was my first LV purchase.
Neverfull Pros:
-Big and can fit everything you need for daily work, school, travel. I love this bag for work and for travel it fits my ipad, magazines, headphones, everything.
-Straps on the Neverfull being a tote is really convenient, it's a great everyday bag and for shopping, running errands, etc.
-Classic Tote that will never go out of style!
-Style looks cute with every outfit and can be worn in all seasons in my opinion. I have the Mono MM and I think it looks great in summer as well as winter.
Neverfull Cons:
-Bag doesn't close - but honestly this doesn't even bother me so I shouldn't consider it a con. I have a purse organizer inside and rarely does my stuff get thrown around or fall out, so I really wouldn't worry about it.
-The trim around the top/outside of the bag does seem to wrinkle/crease with use. I have the Mono, so I do notice the vachetta wears a little with rubbing into things but it doesn't look bad, but it is the most noticeable worn part of the bag. My canvas exterior, interior and straps have all held up perfectly with no signs of wear.