I bought this bag because it looks pretty cool in the picture.  I figured depending on quality I would either use this for extensive traveling, or just a sack to throw a towel and various things in when I go to the beach or something.  It has proven to only be useful for the latter option.

Pros:
Looks cool in the picture, and my friends thought it looked cool and vintagey in person.

Cons:
Cheap cheap cheeaaaappp.  The main shoulder straps don't feel like they could handle any weight whatsoever.  All the pouches and flaps use a belt buckle style latch to hold them down.  I don't know how else to describe them but as cheap.  Like a belt on a toy soldier I guess.  Nothing would be secure in this bag at all.

The fit.  It fits horribly.  One of the things I like most about my slim profile laptop backpack is that it tends to hug your full back even full of books.  This bag however, feels like you're wearing a plastic shopping bag on your back with your arms through the handholds.

In summary....I'm kicking myself for not returning it out of sheer laziness when I bought it.  I hadn't really used it until months after buying it.  Oh well :P