this is so gorgy! i saw it at Chanel in this exact color in Beverly Hills when DH and i were there a couple weeks ago. actually, i have same bag in the limited edition '07 f/w, silkscreen black, white, and red CC print, bubble quilting. the style, whether in leather or fabric, is perfect and light and like you said, fits just right under the arm. congratulations! its perfect in the bordeaux!