+1. I'd need to/love to see one in person and give it a full going over.
I'm a big fan of Bea at AiP, of course (given the threads/posts I've made about her), but it's definitely a different market/client than this. Even still, this is exactly what the bag market needs, assuming that everything can fall into place. I've been at a loss to recommend to younger friends/new graduates/etc. looking for a nice, affordable, classic bag what brands meet the criteria. It's a wasteland between $500-1000. Less than $500, you get Kenneth Cole garbage. More than $1000, you start to enter the (overpriced) brand arena.
Agree on different markets for Glaser (sturdy) and AiP (luxury), but they're interesting reference points for the area. I'm sure there are other options out there too that I haven't come across. IMO the sub $1000 category as it stands now has to be La Portegna or maybe Want les Essentials. I'm still using a Margiela tote at the moment though, as I don't have as formal needs.