I just purchased the Victorinox Standard Issue and thought I would post some of my thoughts since it appears to have been little-discussed on FlyerTalk. This is a "one-bag" bag/backpack similar to the Tom Bihn Tri-Star and Briggs & Riley Convertible Travel Tote.
It looks like a standard ballistic nylon-type business case. Dimensions are slightly smaller than MLC (20" x 13" x 8"). Described as 4.8 pounds, but I don't have access to a hand scale to get an accurate weight. It certainly doesn't
feel that heavy, and it feels more like a sub-4 pound bag. When placed next to my computer briefcase, it looks only slightly larger -- about the size of a computer briefcase made for a 17" laptop.
Photos:
There is a zipper around the entire bag that allows you to expand the depth by an additional 2" (20" x 13" x 10"):
The handles are standard tote straps. There is a leather (faux leather?) wraparound to keep the two handles together, but the snaps are a little annoying. The wraparound doesn't seem as solidly built as the rest of the bag.
On one side there is a U-shaped zippered pocket measuring approx. 16" x 9". (Fits my 13.3" Sony VAIO Z easily.) Inside are more pockets to keep things organized, and a key fob. There is an odd 7" x 7" pocket with a weakly magnetic flap -- not sure what that is for. It's about the right size for a personal CD player, which seems a little anachronistic.
On the other side is a slit-opening zippered pocket measuring approx. 14" x 8". The pocket looks like it was placed here just because there was room. Unfortunately, the opening is only 8" wide, which seems like a design flaw: if you put your passport in here, then it might slide over to the less-easily accessed 6" part of the pocket. I think they should have just made it an 8" x 8" pocket so that things wouldn't slide around as easily. There is also a pocket where the backpack straps are stowed. The backpack straps are fairly minimal-- a decent amount of padding, but they are straight (not curved), no sternum strap, and no hip belt.
There is a carrying handle on the side of the bag so that you can carry it like a backpack:
There are two main compartments. One compartment unzips all the way around, which will make packing easier. Compression straps will help keep things in place.
The other main compartment only zips down about halfway, making packing less convenient.
This compartment contains a very lightweight suiter-- basically some nylon wrapped around a wire frame. It primarily functions to allow you to slip your suit inside easily (since you cannot unzip the compartment all the way around).
Summary:
All in all, I really like this bag. The outside zipper gives me the option of expanding it for a longer trip. The backpack straps -- which are not as nice as the TB Tri-Star -- give me an alternate mode of carrying it when my shoulder gets tired. At $300, it is expensive-- more expensive than the TB Tri-Star/Aeronaut or Red Oxx Air Boss/Sky Train, bags that are extremely popular with FT'ers. But the Air Boss doesn't have backpack straps; the Sky Train is more of a backpack first/shoulder bag second; I don't like the appearance of Red Oxx products in general; I prefer a bag with a little more structure than the Aeronaut; and the Tri-Star was a little too small. Is the additional $50-70 worth it? We'll see.