Haute or Not: D&G Dolce & Gabbana 'Waikiki Jenna' Shoulder Bag

I seriously thought the end of the fall/winter 2008/2009 fashion season would be the end of fugly bags. I was wrong. Maybe my expectations were too high but I've been seeing so many beautiful spring bags lately that I just wasn't expecting something so odd looking. The D&G Dolce & Gabbana 'Waikiki Jenna' Shoulder Bag has one plus since it's in my fave color, pink, but that's where the love ends. What is it exactly? A wristlet? A clutch? Shoulder bag? I'm really confused about how to even carry this bag - do you stick your arm through the large hole in the center? Where do you put your stuff? The hole takes up most of the bag so you can't even really carry anything in it! And what's with the shoulder strap?? The bag isn't even big enough to require one. So many questions, so little interest...

Do you love it?

$1,275, NORDSTROM.com