@Bvphaze3, I have an Olympus DSLR and a Panasonic video camera in there now. They're in there a bit like tetris blocks as to not bump around but the padding around the sides and bottom of the main compartment is about 1/2 an inch think and everything is well protected.
@Dwanep, I guess I noticed it had loosened up about 2 weeks after I started using it. I'll agree it's a tight fit at first and I wanted to be cautious not to treat the iPad too rough.
I really like this bag and the options that can be added to it. I was thinking, if I really wanted to loosen it up, about taking a block of wood ever-so-slightly bigger than the ipad+case, stuffing it in the CC pocket and throwing the bag in the dryer for about 30 minutes.