Hey Greg,
This reply is probably a month or two too late, but yes, I have a set of those very bags. They are not tremendously high quality, but they are also very inexpensive, so I'm not complaining. The leather is a bit thinner than I would like, but they have generally served me well. If they get wet, the leather will develop some odd swelling on the surface, but it seems to be only a cosmetic blemish. Nothing on the bags has broken yet, but they are less than a year old. They hold a whole lot of stuff for a weekend camping trip. I've loaded them down pretty heavily, and gotten them thoroughly soaking wet, and they are still holding up well. I would recommend treating them with some kind of mink oil or other leather sealant/preservative before using them, and they will probably look better after getting wet.
Here's a pic of the bags mounted on my CB350: