I know a lot of you are on the fence and I always appreciate the advice and pictures I find on Macrumors, so I wanted to provide my initial thoughts of this case and some pictures. Hope this helps!
My Case History
First, let me say that I hate cases, but always use them because I'm afraid of breaking the iPhone during a drop. On my iPhone 4 and iPhone 4s, I used the Apple bumper (after an exhaustive search). I liked the extra grip and the ability for it to safeguard the phone during a minor fall (I dropped them several times without any damage). When I received the iPhone 5, I had already ordered the Case-Mate Barely There, but hated the feel of it and went in search of something new. I decided to get Applecare+ (for falls) and a thin case just for scratches and to let the shape and most of the phone's beauty show through.
Desmay Slight 5
After reading lots of reviews about the iPhone 4/4s version, I decided to try the Desmay slight. This case seemed like the perfect fit for me -- protection against scratches while retaining most of the look and feel of the phone. Unfortunately, this case just doesn't feel right (it's far too slippery, has sharp corners, and the back bows out). Plus, after only a couple of days, the back is all scratched up (I've been extra careful with this case) and there are stress marks on the back in the form of discoloration. Lastly, and more importantly, the case looks cheap (I know this is subjective, but it doesn't look nearly as nice as the 4/4s versions pictured on Macrumors). In fact, it doesn't even look like the website -- it has an odd tint to it and poor level of transparency. So, I'm taking it off and trying something else.
Thanks for the review, looks like I wasted my money. I also got a ebay one for 1.88, im sure the quality will be the same.