The bag is made of finely grained (genuine) leather and makes a durable impression. Inside the bag is fully lined with soft suede. The floor is also slightly padded, on the back there is a fixed belt loop. The bag is of 2 magnetic closures (of a visible on the right side, visible on the left) is kept closed. This works quite well, I have no concern that the camera could easily fall out, especially since it (I have the SX260HS) something clamps even with the lid open in the envelope. On the sides, the pocket openings, the right side is cut especially deep for the hand strap to the camera. The protection is thus restricted in dusty conditions, but in most situations it is not a disadvantage. The processing of the bag is a whole very neat.
The bag also fits the new models SX240HS and SX260HS, even if it is not specifically mentioned in the description - reversed the bag from Canon is listed as matching accessories for the two new models.
Conclusion: This customized bag is certainly one of the most compact and most elegant ways a camera PowerShot pack SX2 ** HS series. I can wholeheartedly recommend.