I don't have a favorite bag, but I make a lot of wonder wallets. I love making all kinds but only really use the polso pouch and wonder wallets regularly. I've got a couple of patterns using grommets to try next. Here's alink to my webshots pictures of bags and quilts; there are a lot of duplicates, but just ignore most of them :))
http://community.webshots.com/user/rustqlts2
rusty