The padding is plenty thick enough, and stretchy but still very solid.
However, the edges of it are a little rough, and I feel this could lead to chafing if used for an extended period.
Also, I anticipated that the quick release would be the kind where, after popping the strap off the camera, you could snap the part still on the camera together to make a mini-handheld-strap; but it's not.
For a couple bucks more, you can get one with a memory card holder, but since I shoot film, I didn't need it.