I say yay - I was at Ann Taylor yesterday and saw those, too. Didn't try them on, though, but they are cute. Good price, especially if you're planning on wearing them for just one season. Not sure how long the cap toe trend is going to last
Chanel does cap toes every season, they are always in IMO.
Tresjoliex: Sorry this particular pair didn't work out! Try the classic Chanel cap toe ballet flat. It is available at the boutique, Saks and NM. If you don't mind spending more (about $550) they are a very classic pair and come in lots of color combos (I have the black kidskin with patent black cap toe). They are comfy and well made too.