Posted this on 9to5mac already... where they had a photo of another case for the 10.5" iPad... with a current 9.7" iPad in it. Before anyone asks... yes... the screen doesn't look AT LOT bigger. But the mockup is still accurately showing 9.7" and 10.5" displays!
Well.. I did a rough mockup based on these cases... and well... it will NOT be bezel-less like AT ALL.
What I did:
Took an image of a current iPad... and scaled it to be 5mm wider and 10mm taller. The cases seem to be bigger by that amount... approximately. One mm more or less won't make much of a difference here... I guess...
Overlayed it with a 4:3 rectangle of 10.5".
As you can see the bezels would be slightly smaller... but not dramatically.
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Original case image from 9to5mac:
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