Saw this at iLounge and it looks pretty good. Price is high IMO, but if it turns out to be solid the quality department and does the sleek/wake smartcover feature (no indication on website) then I may give it a shot.
http://www.speckproducts.com/tablet-ipad-cases/ipad-2-cases/pixelskin-hd-wrap-ipad-case-black.html
http://www.speckproducts.com/tablet-ipad-cases/ipad-2-cases/pixelskin-hd-wrap-ipad-case-black.html