Oh, that bag is real cute! For some reason, it reminds me of the macrame stuff my mom used to make in the 70's. Like plant hangers and stuff.

Anyway, I am definitely adding that to my crochet pin board. It's a perfect project for some of the spare yarn I have.

Edit: I went ahead and made one! I had some false starts with figuring out the directions, but I put on Arrested Development while I worked and it went really fast once I got the hang of it. I'll see about posting some pictures soon.