New: Michael Kors

Okay, so for years I'd been covering a Louis Vuitton MM Neverfull bag. I saw that Michael Kors makes a similar version of the tote- Jet Set Travel Tote. Since I'm being frugal (actually, broke), I decided to purchase the MK tote instead. This one retails at $248, while the LV is about $900. Score! What do you think of these bags?!