Pros:
-Looks and feels great on the outside, really nice for false leather (and a real money-saver, as a result)
-It's big enough to comfortably fit my macbook, notebooks and lots of books without any trouble
-Easy to access front and side pcokets- great for your pens, cellphone, etc.

Cons:
-The lining in the pockets (the front and sides) is this cheap, awfully crackly stuff- kind of sounds like opening a candy bar wrapper
-The straps that fall down the back of the bag (not the shoulder straps, but the ones under the main bag-flap) are connected by these little magnets that pop right off so they mostly just swing there. It's a bit odd.
-The magnets on the front pocket are similarly weak and you really have to line up the magnets to get them to clip.

The cons are mostly minor issues that can be ignored or- if you're feeling extra crafty- fixed. It's a great looking bag at a great price.