Today's Everyday Fashion: The Scarf Belt

Today's outfit started with a scarf. I recently picked up this lovely piece of silk for $3 at Banana Republic. I wanted to wear it with this blue Express shirt I've had for years, but the shirt already has a bow, so the scarf didn't look quite right tied at my neck. I played around with it before settling on wearing it like a belt. The photo on the left is another example of wearing a scarf this way. What's your opinion? Do you like wearing scarves as belts?

Occasion: Work
Scarf: Banana Republic, $3 (recent)
Blazer: Gap, $70
Shirt: Express
Skirt: Banana Republic, $40
Shoes: Banana Republic, $50
Photo left: from Talbots.com