It is cute. But I'm with you on the price thing. That was perhaps the hardest choice once a babe came along. A diaper bag and a cute purse were in each others way. I found a black crossbody bag from MEC or REI my favorite, even when heading to church. I think it will be used long after diapers are a thing of the past.
hmm...it doesn't seem very capacious. my standard is that it has to be big enough to fit my planner, my wallet, the Ensign, snacks for both kids and me, a waterbottle, an extra diaper, and wipes. plus a toy or two if someone brought one and refuses to carry it anymore.