Ok, thanks everyone for the advice. I decided it's not my time yet to have a MbMJ bag. Upon looking at them i realized it's too close in color to a Coach drawstring bag i already have. It was a tough decision but felt if I kept it i would probably never use my coach bag. Here is a better pic of the color. It's a darker blue. Love the kate spade one!
Sounds like a good decision, no sense in duplicating yourself.