I’m petite too and under 5’ and just recently purchased my first chanel, a small cf black ghw before the price increase last May. I just love the look of the cf compared to the mini. If you’ve always wanted a cf, I don’t think that itch will be gone if you settle with a mini, and the price just keeps getting higher. At the time, I told myself that it would be wiser to get the cf now than later since i knew I’d always want another one in a pop of color and a mini would be an easier choice for my next piece since it’s only around 4k USD, compared to a small 6k USD.
But if you happen to find a mini in a color that you really like, I realized that you should act fast. Btw, i saw in another group that the mini this season have a shorter strap drop compared to previous seasons. Or you could just tie the strap to shorten it.
Goodluck on your decision!