Nathan, that is a pretty decent sporran.

Here are a couple of thoughts:
1) I would call it a day sporran that just happens to have some fur. I don't get the whole "semi-dress" sporran thing. T each their own.
2) I, personally, prefer no tassels most of the time. They make me think that there's a cavalry column behind me when I'm walking. I would leave them off. Just my tuppence.