My grandmother would love this.  Maybe that's the idea?

TimBuk2 Curly Q Sleeve for your laptop is essentially a quilt for your laptop to keep it warm & cozy (and safe, I presume).   It comes in girly colors like pink and purple, with pretty swirly stiching patterns, and is probably more delicate than one of those hideous rubber laptop sleeves.  However, I can't help but imagine it slipping out of my grip and falling to the ground... bye bye, laptop.  This would work best when keeping the laptop inside a larger bag, to protect from other contents of the bag (as long as it's not liquid, or hand grenades).   The sleeves are pretty affordable at $35 each, and come in different sizes to suit your needs.

I'm going to stick with laptop bags with handles, because safe-guarding the laptop IS, of course, the whole idea.