Feature:
Knock off two points 'cause it's only lightly padded. Certainly not as thick and plush as the gig bag I've got for my full size Squier Strat. BUT, add a point back for the pocket on the front. My little Vox AC-1 amp fits in there perfectly.

Quality:
Seems well-made. No issues with the zippers. No signs the handles are going to come off anytime soon. Again, one point off for the minimal padding.

Value:
Hard to judge the value relative to other gig bags this size when there are none that I know of. If you want a gig bag for your Squier Mini or other similar-sized mini electric, this is probably your only option. In that way, it's worth the price if you want to protect your guitar from dings and dust.

Desirability:
Sex appeal? It's a gig bag. I don't get all tingly over gig bags. :)

Sound:
Got this gig bag for my Squier Mini Strat shortly after getting the Mini. As far as I know, it's the only gig bag the right size for this guitar. In that way, it's certainly the perfect accessory for this guitar. One minor drawback (minor, because I don't abuse my guitars anyway) mentioned below.

Ease of Use:
It's a gig bag. Nothing complicated about it.

Overall:
Hopefully, I won't be wearing this bag out anytime soon, but if something did happen to it, I'd definitely replace it. It would be nice if there were as many options for mini electrics and acoustics as there are for full-size guitars, but big thanks to Fender for at least providing this one.