Yes, it's very expensive, but you get a premium water-resistant bag that looks great, three straps which look and feel thick and have padding, two shackles, and a pair of leather gloves which feel as though they could take a beating. I just got this, so I can't comment on how the kit works in the real world, but it looks like a quality, premium product that will make me feel a lot more confident when I'm out and about.