My first impressions of the case were that I was actually surprised by how good it appeared to be for the price. The main finish was quite attractive and the 'bindings' at each end added something extra to the overall appearance.
Inside, the fluffy covering looked as though it would be kind enough to your pride and joy and whilst any padding couldn't be described as particularly soft or spongy, it looked like it would do a decent job.
The storage compartment would be plenty big enough for strings and things, but I personally prefer to keep my leather strap from getting too folded up - there's space for that in the main space though.
However, whilst those first impressions were encouraging and above what I had initially expected, the very first time I went to lift the case with the guitar inside, one of the rivets holding the handle on popped straight out and the other became loose. Damned shame that because if a little more attention or better engineering had gone into this area, then it really would be a useful case.
If you're only looking for a storage option and don't really need to move your guitar about much, then this might well do the job... but I don't feel it would survive many gigs.