$697 is still better than what they're asking for here in Australia .... in our David Jones department store, its AU$950!!! which is about US$860..... almost double!! And they only stock Nice TanHave a look at this link
http://www.net-a-porter.com/product/23582
Should show you what we in the UK would have to pay for that bag - a whopping £345 - with around 1.97 $ to the £ thats $697. So "Yes" I would have bought it.
Enjoy, its beautiful.
.... i need to move to the states so i'm closer to MJ goodness ...