I have two, I loooooooooooove them. One silver and one red leather w.a silver clasp.
It's so not Mom-ish - but it definitely depends on the beads you buy. I prefer clean - modern plain silver /gold beads and it comes out in a really clean look - Grannies tend to like to glass beads and the Theme beads (like bees, or cakes, or travel cases - etc)