I recently started carrying this, and several friends (note: my friends are geeks) have complimented me on it; this sleeve looks like it costs more than it does. I've never gotten unsolicited compliments on a laptop sleeve before. It's got real stitches, not just glue. It's really soft and the sleeve fits my 13" Macbook Pro w/Retina Display (late 2013) perfectly. The larger under-flap pocket is exactly the size of my Kindle e-reader (6", slim rubber case) placed in its side, the smaller under-flap pocket is exactly the size of my iphone 5 (in a case) placed vertically, though it's very tight.
I am in a college office/classroom environment but I'm rarely in my office, and my laptop is my only workstation so I'm taking it out and putting it away all day as I'm running around doing things. I carry it in a sleeve so that I don't destroy my work-owned computer; I'm clumsy and busy, so my laptop sleeves are not just for show.
I'm worried that the elastic strap will get droopy quick (it came slightly droopy), but it's not stretching yet. For eleven bucks, who cares?
I have been using the smaller pocket for my video adapter; I think it would fall out of the bigger pocket. I do not believe the larger pocket would be a good place to keep your power adapter. A 7" tablet will not fit in the larger front pocket either, at least a Kindle Fire HD doesn't. Great for my 6" e-book reader, though!
This is a very inexpensive thing that looks quite fashionable (at least by my standards) and seems well-made (way above its price). It fits my things like a glove. I am happy with my purchase and am surprised by how nice it looks. I've always used neoprene sleeves before, but this felt sleeve is great.