i have the timbuk2 two way and while it's not very waterproof(wouldn't put it face down in a puddle), it did keep a set of business cards relatively dry in a rainstorm so i'm pretty happy with it.

in general i have a ton of **** on my straps but they are still super comfy and i like having a crazy ass blinkie on my shoulder that makes me look like a predator with a lazer or a program in a grid game in tron.

the cell phone holder is right by my ear so i can bump tunes with my stupid ****ty phone speaker and still hear them.