I have that wallet and I love it- it's my first super nice wallet, and I plan on using it for a very, very, very, long time!
I think it's easier to get tired of a purse instead of a wallet (especially since purse styles change more frequently) and there's just something luxurious about having a wallet that you really love...at least for me anyway!
I say get whatever makes you happier; in my humble opinion, it's not so much about visibilty- it's about what makes you feel all warm and fuzzy!