I've seen it IRL and it is a lovely bag, as for the price point, well all Chanels are pretty pricey at the moment so I think the best thing is to only go for it if you RRREEAAALLLYY Love it!
Agree with cherryorchard, 'I think it's pretty, just not enough to spend over 3K on. But you should get it if you really LOVE the bag.'
My SA reserved one for me last Friday, but I decided not to get it (partly due to the price point, and partly because this is more like a seasonal bag which I may not carry over the years ahead).
Ohhh I love, love, love the large flap and the large hobo that H2girl has. They are both SO gorgeous. I really wanted to get the hobo until I found out that it's 3750.00 =(.