May be the ultimate backpack
Not sure the ultimate price (175 USD)
OverviewThe Cortez is simply the best, most versatile backpack on the planet today. Superior components and a smart design provide comfort and utility, which include adjustable shoulder straps, a slider-adjusting sternum strap, removable padded waist belt, plenty of dry storage space, room to let wet gear dry separately, straps to allow external storage, and a grab loop to make hauling a snap.
http://www.demardesigns.com