The pattern for this bag is "My Favorite Bag" By Kati Cupcake; it is also int he book "Baby, It's You" by Leisure Arts..
The book is a better deal as it has more patterns as well and I got mine at Hobby Lobby for 40% off of $16.95 after I had already bought the pattern for $9.95..
You are right about the grommets, so I try to get those on sale as well and always use my 40% off coupon at Joanns..
Selena as far as the signaure it took me a bit to get mine to work, but you have to make a change in your settings:
First you have to go to settings at top of page, then to general settings on left, and at botttom be sure it is checked for "Standard Editor" and save changes... then go back to settings at top of page and then to Edit signature and the tool bar should be there, after you do your changes, hit preview signature and you can see it at top-- the codes will be in the text box but your signature will show up at the top of yourtext entry box in the preview box..
Hope this helps, let me know if you need more help...