I've been looking at the various knitted bags for some time now. I just finished a Knitpicks pattern with some very inexpensive Sugar 'n' Cream yarn.
Montavilla Market Tote in Lily Sugar 'n' Cream cotton, Summer Splash colorway
Huh. Reading the colors, I would like that bag. But looking at it.... no.
Despite the color problem, which is obviously no fault of the pattern, I like the concept of this bag. It has a five-row lace repeat for the sides, which makes it very stretchy. The bottom is a square worked in a woven stitch I don't think I've ever used that creates a very sturdy fabric. That same stitch is used again to work the band around the top and the handles.