I have been debating that bag in dark pink. I haven't seen anything similar and I love the size and shape. I'm kind of tempted to wait for a sale but last time I waited for something at the Gap to go on sale, it actually sold out before it was marked down.
I think that it's probably worth full price though. I have 3 leather bags from the Gap and they're all good quality and have held up well. It's worth the money if you'll use it often and you really love it.
I've decided to order it. Elvispezley, if you're going to order it online, they have free shipping on purchases over $75. There are also two codes that work for 10% off a $75 purchase. They're SPRBOX1 and MATBB. I was going to buy it at the store but since I found the online code for 10% off, I'm going to order it since there is free shipping too!