Yes. Of course it is. What a stupid question.
But what if... that bag has BEEN IN SPACE?

We mustn't get all 'Sex and the City' over this, but Jesus. A bag that's BEEN IN SPACE. Imagine that. Imagine having a SPACE BAG. Passing commuters on the tube might think you were a space MAN, which is why you're all weak and pale and have no muscles.

And look! You can fit keys, a phone, two PDAs, some magazines about business and a laptop in it. All we'd put in it would be a camera and a Nintendo DS which makes a slight mockery of the Soviet space program, but still.
It's actually not as good as it sounds - it's just a bit of Soyuz parachute sewn onto what is probably a really cheap bag that the straps will break on after two months. It's a good job we read the item properly before posting this update.
IF ANYONE WOULD LIKE TO BUY IT FOR US, FEEL FREE: We can exchange photos of our small (because of exposure to space) genitals in return for a:
eBay: Flown Soyuz TMA-3 International Space Station Bag (item 230046641969 end time Nov-12-06 14:03:32 PST)