The fact that it is molle makes it very versatile
dont know about the quality but you cant beat the price
even if it inly lasts a season
i pesonaly like this
http://www.dropzonetactical.com/lbe/chestrigmk2.html
no hydration but you could rig one up if needed
http://cgi.ebay.com/Mk-3-Modular-Che...QQcmdZViewItem
and here is a more old school type