Studs? Yes, please

How drool worthy is this Burberry Prorsum Knight studded bag? This bag has officially taken first place on my handbag-list.
Nicky Hilton had already got her arms in one and she looks faaaabulous with it.

This is off the subject, but something that is also drool worthy is JT rocking it out at a FutureLoveSexTour concert in Australia- I so wish I was there!

(pic from Just Jared)