I can't recommend it. I saw it in Atlanta and it seems very flimsy. I'm not sure about the size, but the website may give the dimensions. It looked more like a crocheted purse and poorly done at that. I think there may be pics in the Atlanta store section from Laurel.
I put pictures up of it in the AGA board. I was really disappointed by it - It was something I thought I might want, walking into the store. It is not as large as a regular messenger bag, but would probably fit a netbook. The thing is, I think you would want better protection for it than a regular bag would afford you, as other people have mentioned.
Even without considering it for a laptop, it was not good as a bag. It is crocheted and they were already looking raggedy at the store, so I can just imagine if it saw some use. I am sure it would catch on everything. It was flimsy and small. It just looked ....dumpy. I don't know. I was not impressed. But even if it was beautiful, I would still recommend you put your computer in something more protective than a regular bag, especially for travel.
I don't have exact dimension but it would work to hold a netbook, ipod and chargers. They should fit nicely without a lot of room to spare if you're looking for something that isn't oversized. I saw it in Natick today and it doesn't look flimsy to me. It's lined with what seems like sturdy cloth and the strap is not at all flimsy. I don't know about the fraying, though. It might fray since it's a knit bag. I like it though and I'm thinking of getting myself one. Hope that helps.
My daughter got this last week at Dallas. We did have to look to make sure the one we got wasn't snagged --the first one we picked up in the store had a snag. I thought the quality (other than the fact it might snag easily) was fine. It's about 12 inches wide, 9 inches high, and about 2 inches deep.