Soror Special, I feel you. The last bag I bought was one of the Coach "Neo" (made out of neoprene fabric) bags. That was about three years ago (and I'm overdue for a new one!), and it still looks almost as good as the day I bought it.
The new logo Coach bags are cheap looking and I can't stand them. I think it's a cyclical thing. Once all the latecomers are on to their next new fad, I'll still be carrying my Coach bags! I still find their craftsmanship to be top notch, and it shows in the seaming and brass (or pewter) detailing on the bag. And that
smell! I used to walk by the Coach store at Lenox Square in Atlanta and just inhale!
I'm hoping to upgrade to a briefcase or computer case this year. Mad expensive, but I've always wanted one!
Also - did you know you can buy Coach bags on eBay?