Replicas - yay or nay?

I was recently introduced to this site called ioffer.com. 

It’s a site that sells many knock off designer purses (& many other things). It’s very similar to eBay, but definitely not as user friendly. I’ve wanted a Louis Vuitton Speedy 30, as well as a quilted Chanel purse for ages…but they are clearly out of my budget atm. I ordered a “Louis Vuitton” purse & wallet yesterday so I’m anxious to see how they compare in person…EEK!  I’m so nervous (at least the purse was only $33 with shipping!!)

What are your thoughts about fakes?