I like both depending on the color of the bag. With H Etoupe i like GHW which contrasts well with the color and balances the sportiness of the white stitching.I hadn’t thought about the hardware until you mentioned it. The ghw (brass) shows-off the beauty of the croc, and the unique hardware. Phw would complement the croc’s color palette (in a minimalist monochromatic way), showing off the beautiful skin. Both hardware colors would work with this bag, yet each would achieve a different effect.
I’m a phw fan, so I’m biased.![]()
For this I agree with @papertiger and you - PHW would be my pref.