My lunch bag arrived yesterday and it looks fantastic. It is already developing a couple of the "character creases" you expect from waxed cotton and the closure strap can be used as an ad hoc carrying handle. It's a bit bigger than I expected -- which is good, but you might want to compare the dimensions with something you already own.
Overall a great drop. This product isn't available at retailers in my area (Canada) and the Massdrop price beats the manufacturer's website. Thanks!