I have this gigbag for about 1,5 to 2 years now and I have not had a problem with it, yet. Neither do I assume anything will happen to this bag in the near future, it feels pretty reliable.
But you have to be aware, it's pretty plain and simple. The material is not the thickest and I wouldn't expect much shock-absorbing or anything. That's the stuff where you'll want to look for a pricier gigbag.
The bag has 2 separate zipper-pockets for additional storage space, one on the head-end of the neck and a larger one where the body of the guitar is. Pretty standard. Put your Tuner, Capo, Shakers, etc. in the small pocket and your notes, extra strings, etc. in the large pocket. Done.
I use this bag because it came as a bundle with my Harley Benton acoustic guitar. For this guitar it's perfect. I don't care if the guitar breaks, I just want to transport it.
But honestly, if I wanted to transport a hi end guitar like i.e. Martin or Takamine, I would spend some extra cash for a suitable gigbag. This one is a perfect companion for cheap Instruments. But it's not great or anything, it just fulfills the minimum requirements for a gigbag - but with these there's nothing to complain about!