Here's the deal with the Mercer. You're right, it's bonded with pebbled and saffiano leather. So that means it's not the pvc that they use on the logo. It's supposed to last longer as it keeps its shape longer. The bag is based on the Gracie from MK collection last year and comes with a convertible strap to hold wear on your shoulder. I usually tell my ladies if you already have organizers and need space, then it's the one for you. But it does not come with as many pockets and compartments like the Savannah or the huge Marlon. Like others said, it depends if you want slouchy or structured. But I will say this was a nice surprise when we got it. It's not a top seller though. Check out the Brooklyn Grab Bag in plum or luggage (or the appliqué if you want something with more pizzaz) if you want something softer and more boho.
-MK employee
Btw, I will say that Coachs leather as of late is feeling superb.