I bought this bag last week when I was in NY for my honeymoon.
It was kind of an impulse purchase which is usually not something that I do, but it looked really great and as far as I can see it is not availble en Europe yet. I think the design and quality of the leather is great for the price.
I got it in the brown version without stitching.
It is a mini bag and since the compartments are quite narrow you will not be able to carry a whole lot in it - I can fit my teeny wallet, a lipbalm, keys (small key-bundle) and cellphone (htc one x) in there. It also has a small pocket for creditcards in both compartments, so you can skip the wallet.
I love how it is super lightweight (my last smaller bag was definetely not despite the size, since it had a chain as a crossbody strap) and that the cross-body strap comes off, so you can wear it as a clutch - which I have already done for dinner's out, whereas I wore it with the strap today when biking for work. If you are tall the strap might be a bit short though - on me the bag sits right on the hip when the strap is adjusted in the middle.