As men.style.com puts it, this is a hybrid of L.L. Bean Duck boots plus Nike Air Max, and it's fantastic.
Color aside---of course the color is wonderful, the fact it's an all-weather shoe, it's an investment. For $180 at Saks, there's more to this shoe than just the price...it is also more than investment. Had I been in New York with lots of money, I'd buy this in all the colors.