It is well padded and my FZ28 fits with the lens facing down into it pretty well, I have the impression that it is well protected. The adjustable Velcro sidewall inside I tilted so that my camera has fewer game. Otherwise, I would have no use for the side wall, as my camera bag fills so that there is no room for other things. The lid of the bag contains a mesh pocket where you might stow perhaps memory cards or a cloth.
Additionally, there is a small outside pocket in the one two spare batteries, memory card and fits very tight and with good will the charger with power cord. For example. the lens hood is not a place.
Overall, I find the bag ok, if you want something more noble you just have to also spend more money.