Becks - can I add to your pro/con list? And I have to ask - hav eyou considered the Papillon 30? It comes with a baby pap which is super cute.

Papillon:

another pro:
If you need to you can fit it over your shoulder - take one strap loop it thru the other & the single strap will fit just fine on the shoulder. It's snug but it works - you look like a cartographer but who cares? Also the monogram or Damier canvas is soft so you have a bit of give.
Versitility - this shape bag is a good day to evening bag. And if you get the 30 you have a good going out bag in the mini. The rounded shape of the Papillon is very feminine and playful. I think it hold it's resale value better than the speedy

Cons - no where to hold a cell phone, and it is a "lucky grab" when you want to find something - contents will shift - Since it is canvas it too might sag a bit.

Speedy:
pro- the handles are comfortable, there is the pocket inside that will fit a phone or pda. Easy to resell if you get sick of it but less value retained.

Cons- handles in the mono will get cruddy - even if you are careful. your contents roam freely making it a dig to find things.... but you can get a pursekit, and put cardboard at the bottom to fix the sag.

and jmo - it's frumpy. A very grown up handbag. No day to night possibilities to me - too stiff & "married" looking.

What a fun dilema - good luck with your decision!

g