Okay, saw them both at The Limited this weekend.
The "natural" was a horrible tan color, very ugly and disappointing. VERY ugly.
By the time I found the yellow in the window, I was still cranky about the tan, so that may have prejudiced my opinion. *g* The color was fine, but the leather felt too stiff and fake. I definitely did not think it was worth $45. I'm not sure I would pay more than $19.99 for it, if I ever broke down and got it at all.
The search continues! That Kate Spade bag is looking better and better, to be honest.