I have carried this bag for three years, and it has stood up well. There is no obvious cracking or tearing of the material, no scuffs, not much apparent wear and tear. The best thing about it is that the front pocket is perfect for a cell phone and the back pocket is perfect for keys! When you're a woman, you want to have fast access to both of these items.
I really like the Ann Klein style of it, so after three years, I decided to treat myself and buy a new one. I looked around, and I really don't see anything better.