The XE-1 body is about the same size as the Leica X body, a little smaller than the M4-2 and M9 bodies, but those two lenses with hoods are somewhat more bulky than my M-mount lenses. It looks a good (snug) fit for a two lens setup the way you have it configured. With M9 or M4-2, I have it configured similarly, but there's easily room for camera + three lenses.
Glad to hear that you like it. I found the material was a little stiff at first, but it's limbered up nicely now and is very comfortable to wear and use.
enjoy,
G