Supreme is laughing to the bank. They probably can't believe everything sold out so quick! I would never wear a jacket with "supreme" plastered all over it. Shit looks tacky imho -- would feel like a herb wearing it. The bags are just alright -- nothing special, not worth the price.
Where I'm from "North Face" is worn by yuppies and weekend hikers. Opposite of any street culture.
Jackets are pretty ugly, plus summers in a few weeks and if you're in the states you'll just look dumb wearing it in hot ass weather (depending where you're from and how hot it gets). Backpacks are piff, and they're the same price as normal TNF bags, was a win-win for me since I don't have a bag anymore and needed a new one for class.