This deal has ended.
Buy.com has the Samsonite University Computer Backpack for just $20.99. Plus, shipping is free and there is no sales tax (except CA, MA, MD, TN). Also, Buy.com has a $5 off $50 coupon for new customers and new Google Checkout users can get a $10 off discount for signing up (you can't get both). Among other features, this has a padded, zippered computer sleevepocket and a music pocket with headphone gate (for an iPod).