My thoughts - consider the red element. Is this your favourite colour? Does it coordinate with the majority of your wardrobe? Are you pretty settled in your style or still figuring things out? Will you get tired of the red?
As far as LV - to me, it is basic in that it is simple and classic and popular. You will see other people with LV everywhere you go so it is not unique in that sense. It is still high end though and to me looks pretty elegant across a range of settings - casual to dressy.
Have you seen this bag in real life? That can change how you view something.
I would keep watching videos like this one to give you a sense of the bag:
and keep an eye out for anyone carrying it in real life.
I think softness versus structure is a key element to choosing a bag, usually people go for one over the other and to me this bag is definitely more structured in the base.
There is a thread here about this bag which will be useful:
https://forum.purseblog.com/threads/the-beautiful-neo-noe-club.962027/