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I have now had 2 of these and can only say positive things about it. Lowepro seem to be the leader in terms of cases for camera and camcorders, and there is many a good reason why.
This is quite a small case, so would only be any good for a small compact camera. The outer case is lined with some kind of foam, which makes it very good at protecting the contents of the case. There is a zip which covers 3 of the 4 sides, making it easy to retrieve your items from the inside of the case.
On the inside there is one large netted storage area - if your camera were small enough you could store it in here but mine is not so I just leave it loose between the 2 sides of the case. On the opposite side there are 2 smaller nets which are handy for storing spare memory cards or batteries.
On the outside of the pouch there is a strap for securing the pouch to your waist band, which I have never used. I always leave the strap from the camera loose on the outside and carry it round that way.
Overall, these are an excellent product for protecting your camera and associated bits and pieces - they are available on ebay for about £5 which is a bargain!