I know this thread is older but I was having a similar conversation with a friend's friend who came to me for styling advice and asked about a murse (man purse). I believe my response was "NOO!!! GOD NO!!! NOOOOOOO!!! And let's never speak of this again!"
I'm not trying to be too "blokey" but men should use a wallet, use multi holders, a small messenger bag... even a plastic grocery bag! Anything but a mlutch and murse!
I do like the man clutch alot. However I wouldn't want 2 carry around some dinky thing covered in sequins. I think for this to work it has to be relatively oversized, usually leather or suede, muted colored and carried under the arm rather then in the hand.