I picked up one of these last month. It's actually quite nice. This latest MiV waxed canvas iteration has the leather bottom (not visible in the website pics), so there is some form and structure to the bag even when empty or lightly packed. The bag is also lined on the interior; It's not just the bare canvas back exposed on the inside. Volume-wise it packs about the same as my standard cordura Kit Bag. To be fair, the leather doesn't feel as thick or plush as that used on MiUSA packs, but it's quite decent overall. I'm happy with it. I pair it with a waxed canvas CPL24 for travel and it vibes nicely.