"Lightly padded" means "only the bottom is padded," not the sides or top. This bag is similar to the cheaper Burton Space Sack with the addition of a lightly padded bottom. Not quite sure what type of "protection" it would offer, so I'm returning it for a better quality bag. I definitely wouldn't put my board on an airplane with this bag.
So, I'm giving it a 3 star rating which means - It's a bag that I would use to store my snowboard under my bed, in my basement, or when traveling by car. Oh but wait - I don't need a bag to store my board under my bed, in my basement, or when traveling by car.