Yikes - reading/lurking this thread late at night is dangerous - I almost just bought that bag! I love that style, but they just don't work for me in practice. Love the bucket bags though....such a simple classic bag.
**Since it's late - misc associated story about a coach bucket bag: One of my first coach sightings in the wild was a black large size bucket/duffle bag that my college painting professor had. She was the epitome of cool, lived in Manhattan, and was an actual(!) artist. One day in the middle of class, she asked me to pass her bag to her so she could get something - and man that thing weighed a ton. Put me off ever carrying one of that style; beautiful bag though. It was a made in NY beauty, as this was 1988 (I am old) And I am pretty sure that was when and where I started eyeing coach bags.
Sorry to intrude

Nite