Very nice workmanship. And with those colors, she won't need a night light.
I'm also concerned about that purse carry. Even if the strap can't be cut, the purse could be ripped away from her by a strong assailant, with the cable quite possibly causing her injury.
A firearms instructor asked a woman friend of mine, "Will you have your purse in your hand or on your shoulder all the time?" I don't know about your wife, but most every woman I know will set her purse down every once in a while to do something that requires both hands. That steel cable wouldn't be much help in that case.
I'm a firm believer that if you're going to carry concealed, the gun had better be on your person every minute. But I was married three times, so I know better than to think you'll have the final say on this...