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I think the difference between the Lou Camera and the Gucci Marmont is the chain strap. The Marmont is part leather and part chain. The chain gives it a different look and makes it more dressy. I have the marmont camera too (canvas) whereas the Lou has the leather strap so the look is always casual imo. The mini lou comes with a chain and I think it gives a better evening look.I find that size with Saint Laurent can be tricky and depends on how you like wearing your bags. For example, I have the loulou in medium which I wear double chained on the shoulder and I wish I had the small for wearing crossbody or on hips’ length. Then I have the loulou puffer in small which I wear crossbody, but wish it was bigger when I wear on the shoulder. I don’t have the Lou, but I have similar styles camera bags (like the Gucci marmont) which I wear a lot from day to night, casual or dressed up.
I have both and wear both. The small loulou is a lot more versatile. It can be dressed up or down. It can be worn day or evening.
The camera bag is open and doesn't have dividers so you can fit a lot in it. It's super light and the leather strap makes it really comfortable to wear. I used it as my go to bag at the start of the pandemic and served me well. If you are looking for an investment then Though Saint Laurent doesn't hold value like Chanel and Louis, overall LouLou is probably the best investment.