I think it looks cute! What color were you looking at? I love that shape in a bag and I would get it for any price! Since it's leather I think it'll hold up over the years making it worth the price. If you're looking for something trendy for a season though, you might check TJ Maxx (I think I saw that exact bag there) and get it for about 50% less.
BL: Very cute bag!
I bought the bag in brown when it first came out but after not even two days of wearing it, the "leather" on the bag started peeling. I returned it. Maybe the material of the bag was meant to show some vintage signs of wear, but I didn't like it.