Not a huge fan of the sequins, just because you see them all over the cheap chinatown stores in NYC. If you really like this style for an evening bag, but want something a little more substantial/expensive looking, there are bags that look similar but instead of being covered with sequins, they are covered in mother of pearl shells. They look quite nice for events like a summer wedding. I have one that I bought for about 40 dollars at banana republic a few years back. I can't find one that looks like mine (mine has a light wooden handle) but here are a few that are sort of similar.
http://www.6pm.com/products/index.c...uctid=630971&colorid=33608&_sourceId=SHDEALTM
http://www.jacquelinejarrot.com/moyna_mother_of_pearl_wristlet.html
http://www.6pm.com/products/index.c...uctid=630971&colorid=33608&_sourceId=SHDEALTM
http://www.jacquelinejarrot.com/moyna_mother_of_pearl_wristlet.html