That was just incredible. And it's been a long, long time since I've said that about Marc Jacobs.
It looks like he really tried to strip everything back, doesn't it? From using one simple song (though a few renditions) a plain brown paper set, the minimal but gorgeous center piece, no celebrities, few big models, the anonymous girls, the little bow at the end rather than a finale parade.
It was totally vintage MJ, as Spike said. I saw a few coats that reminded me of Vuitton fall '06, but the aesthetic overall was more akin to his work just before that season.
The whole "Over the Rainbow"/dust storm/great depression references work perfectly with the economy right now, and the sequins were used pretty tastefully.
Colors! The putty/brown/beige mix was great and understated. And the minimalism just added to it.