I have velcro as the closure on a purse ....... it works, but I hate it!
It never lines up straight, so the purse looks kind of disproportioned.
And the handles on the two sides are out of alignment.
Yes, I could take the time and create the alignment ... I don't like that fuss!
The hooks sometimes catch into sweaters I am wearing or silk scarves (when it's overstuffed and being used more as a tote.
I don't like the rrrrrrripppping sound either .... I can't sneak into my purse easily!!!
The last purse I made, I used magnets. And that's what I'll use in the future.
Just be sure to get the super-magnets as you don't need them to be very big and oh my gosh are they powerful!
As AtHomeNow said, try it for yourself.
It does work well ... just not what I like.