Yeah, the camera always washes out weathering detail. It's more generally abused in person, loads of tiny scratches and wear, polished high points, etc. The leather has been 'broken' to soften it and create the deep creases on the belt and thumb break. The edges have all been 'knocked' and polished to simulate years of bumping into things.
I would consider this 'medium' weathering.
Oh, the belt is an early proto too, way better quality leather than normal, very tough. It was hard to break it to the point it would look weathered at all