Program Idea

I found this picture the other day and thought it was an interesting rendition of a booklet style program. Instead of using the colored card stock as the cover it is used as a base for the booklet made of either cream or white paper. The ribbon is holding together the white pages and is not secured to the brown card stock. I think it is very pretty but wonder if the card stock backing would get in the way of holding it open and instead make it awkward to hold?