Love it! This was the one bag from the Cerises line I had to have...though I also ended up getting a couple more pieces as well lol.
But I think it's classic, it's so cute and while it may be technically seasonal in that the bag was only produced during that one season, it can be worn for many years in the future.
And yes, the cherries can chip, but anything with the design screen printed on like that will do it eventually (all Murakami lines, Stephen Sprouse's Graffiti and the Groom line). Mine are just barely chipped along the seams but otherwise, it still looks great!