I bought a navy blue MJ bag in Florida 18 months ago, on the sale rack in Macy's, for about $180. I am not lying when I say I have used it 95% of the time since then (apart from the occasional clutch bag and holiday satchel). Love it so much I just bought the same bag in black for my birthday! I figured, I love the original very very much but don't like it with black so... My friend is sending it to me soon from the US and I can't wait.
So I would say...go for it. You won't regret it.
(Mine is the 'too hot to handle' satchel).