I went and purchased the Targus Vuscape this morning for the new iPad. Initially it is a nice feeling case, really about what I wanted. Now the problems, the case packaging indicates that it has magnetic on/off, but it doesn't work, at all. After feeling around, there is a magnet in the lid, but it seems to be in the wrong place. 2nd problem....the camera cut out is off center, almost to the point where the case obstructs the picture. These two shortcomings make me believe the following.....Targus has recycled there stock of the iPad 2 cases. Didn't the camera shift over slightly from the iPad 2 and hasn't it been reported that the magnets may have moved slightly from the iPad 2 to the new design? The did add a stylus holder to the back, but that could have easily been added to the old case and there is now a cut out for the apple on the back, again easily added. I think this is just a company that wanted to be one of the first ones to the market with a new iPad case and they took shortcuts to ensure they would be.