This was my first record DJ bag and I've really abused it ever since i got it and at times it abused me as well. It's been through rough beaches, the woods, festivals, clubs and finally gave in after a year and a half when the strap lugs broke away from the fabric.
The declared capacity is 100 records although anything above 50 will give you both a headache and a backache since it doesn't have wheels and it's not very stiff. Handling it when it's half full is wonky as well but I found that when I fill it with clothes and other handy stuff needed it really stiffens up and becomes much easier to lug around.
With all being said, the bag is definitely worth the price though and I'll continue to use it for storage and home city gigs since the upper carry straps are still intact.