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Inside pockets and compartments
There are five available sizes with five different prices. As stated by the WaterField Designs folks, these are the sizes and possible usage scenarios:
The Personal ($149) for your basics — wallet, phone, camera, and iPad in a minimalist case like the Suede Jacket or Slip Case. The 10" Portable ($159) for larger devices — tablets, e-readers and netbooks, including the iPad inside a WaterField iPad Smart Case or Ultimate SleeveCase. The 11" Laptop Muzetto ($169) is your 11" MacBook Air's best friend. The 13" ($179) and 15" ($189) Laptop sizes fit your Mac laptop inside a Vertical WaterField Designs SleeveCase (not included) plus accessories.
I was sent the 11 inch model to check out with the intent to carry my Surface Pro and some other gear. I spent the last couple of weeks carrying the Surface Pro (or Chromebook Pixel), three phones, my wallet, USB cable, small Moleskine, pen, aspirin, and some papers.
Outer smaller pocket
This one compartment is padded with soft black fabric.
The SleeveCase fits into the Muzetto bag too