Mike Franch, I'm a broke college student, so no camera bags for me ^-^ !! Being the shock absorber is a great way of putting it - the jolt from being on a bike full on wouldn't be great for the innards...
That suggestion to put the whole thing into backpack was bloody brilliant! Slots into my schoolbag perfectly, with room for all my busking necessities.
Anyone else, feel free to add more suggestions for others like me coming down the line...