It surrounds the device absolutely perfect fit, so that nothing wobbles or sliding around - if you want you can also issue have the USB cable and the iPad connectors (Dock to USB / SD card) in place without fear that something gets hurt (Of course you should not bring in these parts so that they will have direct access to the display;))
The processing of the bag is also very decent, both the fleece inside and the outer fabric layer sowei the Velcro fasteners.
Anyone looking for a cheap but not cheap shell for iPad can be accessed safely for the price.