I also got to see it IRL. It is a very nice "special occasion" bag that's for sure. But the price is just too steep to only carry every now and then. I would rather have a handbag that fits my every day style for that amount of $.
I absolutely love the petite malle, but unfortunately I can't justify the purchase of a small bag. My lifestyle is sadly more suited for briefcases and large cross-bodys. As for the price, I see it as justifiable considering LV's heritage as trunk manufacturers.
I'm in the same boat as you. I think the price is quite high for the item that you're getting, which was why I initially pulled out of the waiting list. However, this combination, which I think is only available in Europe caught my eye and I am in love!! I am flying to Paris in 3 weeks and hopefully, I can have my Parisian SAa track one down for me. The price after VAT in Paris is close to $4K, a price tag that I can live with.
If you find the right one, I'm sure you'll be able to justify it. But I for one wasn't willing to settle just because there is a big hype about this bag. Goodluck with your decision.