Megs and I are big Proenza Schouler fangirls already, as many of you might have noticed, and I’m already on the record as loving the Proenza Schouler PS1 Crossbody Pouch. The bag is functional, exactly my style and cute as a button – how could I not love it? So when you add gorgeous sueded yellow crocodile into the mix, my heart beats even faster.

Proenza Schouler always leaves its best handbag theatrics for venues other than its runway shows, but the purses that grace the hands of the brand’s models are always worth a look nonetheless. Proenza Schouler Fall 2011‘s handbags (and we mean “handbags” literally – all were clutches) were more straightforward and useable than that non-intuitively shaped totes of Spring 2011, and in a variety of textures, finishes and color combinations.

Proenza Schouler Fall 2011 may have walked down the runway less than an hour ago, but Jack and Lorenzo have already made three of fall’s bags available for pre-order – a PS1 pouchette ($975), satchel ($1925) and weekender ($1585), all in black leather and a jacquard blanket print. The bags will ship by mid-October, which seems like an eternity, but it’ll be here before you know it.

We will be seeing much more of the Proenza Schouler Keep All bags for both spring and fall 2011. But once you show me this croc version, plain leather seems too bland.

We have a first look at Proenza Schouler Pre-Fall 2011 and all I can say is amazing. If you can not already tell, we are seriously Proenza Schouler obsessed.

We all know the Proenza Schouler PS1 is not going anywhere and this utility-chic version is yet another option to consider.

Fresh for 2011, the Proenza Schouler PS1 gets a color and material makeover with brown leather, black suede and beige linen. The colors are meticulously placed on different areas of the bag, giving a very clean and eye-catching appearance.

I have the Proenza Schouler Crossbody Pouch along with the bag I am currently carrying from Rebecca Minkoff picked out as my two favorite crossbody bags (with very different prices).

I have a chartreuse leather Proenza Schouler wallet that I use daily and find absolutely indispensable, so if you’re looking for a relatively inexpensive (under $200, seriously) gift for yourself or your lucky, lucky friends this holiday season, I really cannot recommend the Proenza Schouler Mochila Wallet strongly enough. Introduce one of these little guys into your life. You’ll thank me.

Since the handbag world has mostly been atwitter (both literally and figuratively) over Proenza Schouler’s new patent leather PS1 satchel for the past week or two, another addition to the line has snuck onto the brand’s site a bit under the radar: the Proenza Schouler PS1 Pouch crossbody bag.

We’ve known that this design’s debut was coming since the brand included it in the Resort 2011 courtesy shots, but now it’s here and available for purchase for $1225.