I want trendy peep toed booties for fall, too. But, since they will likely never become a classic shoe, the Nine West price point seems like a good bet. Did you see Goop.com (Gwyneth Paltrow's blog) today? She did a good post on fall fashion and featured similar looking shoes.
I have not seen it, but I will go look. And I agree. This is a trendy and fun shoe, but not worth spending a ton of money on.