Pros:
inexpensive
Good front and back coverage
Pockets and soft interior, great for traveling. Can perfectly fit ID's, passport, tickets, papers. JUST DON'T MISSPLACE IT!
Closes securely
Lightweight
variety of colors
Cons:
Not real leather
Offers no protection from the sides
Corner strap completely covers the rotation lock button
Main strap awkwardly folds over the iPad display when opened. You must fold it away, or behind the device.
Good but slightly unstable landscape view. Can easily slide and fall.
Absolutely no 'typing angle' (not allowing for iPad to be tilted slightly for easy typing)
After minimal use, front and back begin to bend and are no longer flush with the device.
Soft interior can leave your iPad dusty/dirty after closing it.
Would like to see a couple detachable metal loops for an optional shoulder strap. Carrying this in your arm can get tiresome. I would probably buy this again if it came with that.
OVERVIEW
It's good, especially for the price, but there are defenitely better choices out there for a little extra money. Though there are a few flaws, if you're not too picky, they can be overlooked. I'm satisfied with the purchase, but will continue looking for an even better alternative. But hey, you really cant beat the price!