I do not like Galco's IWB for snubbies as well, personally. But that is me. I made a kydex for IWB that I like.
The purse idea is good of you get a dedicated purse, but I am not a fan of off body carry. There are ways to carry in heals on body too (look at cornered cats link to the Women's Holster Fashion Show last summer for ideas on holsters that women like, also)
Steve's right about Galco quality. First rate. But as to purse carry, I have to ask you what a firearms instructor asked a woman friend of mine: will you have your purse in your hand or on your shoulder all the time?