Wishlist: Kate Spade Preston Hollow Flower Pot Handbag

I love Kate Spade.  She runs a close second to my most favorite handbag company, Coach.  I'm super lucky to live near outlets for both Kate Spade and Coach (and super lucky to have access to [genuine] Coach wallets for $10!).  I Heart Luxe sent this adorable Preston Hollow Flower Pot Handbag around as one of their picks of the day, and I was instantly in love.

I love the whimsical floral cut-out pattern, and I really love the bright color.  I also like the longer drop on the handles.  My current KS is really not long enough to go over the shoulder, so I have to carry it draped on my arm, or hold it like a briefcase (which I don't like doing).

So, I have added this bag to my wishlist.  I should probably say my dreamlist, as it's a staggering $495!  It was difficult enough to (let The Boyfriend) buy the Kate Spades I have now, and that was at the outlet, with a great percentage off!

What do you think of this bag?  Do you like it?  Is it too precocious for you?  What is your favorite brand for bags?