Which means that at second, third, and fourth glances is really is expensive. ];-)
Lest I seem to be obsessing over the price, I find nothing wrong with that, it just is. And it might even be worth it, like the Summicron. But I just can't bring myself to spend so much for a bag. My own predilections, I suppose; I'd rather put that money into travel or buying film for the Polaroids...
The Encore looks nice too, but I'm satisfied enough with the look and feel of the Billingham Alice L2 or Ona Bowery. I've had the Billingham for a decade now and it's proving its quality.
G