Most reviews on the apple site are good... Personally i would just buy a sleeve for it to go in when not in use, I find that any cases hinder the iPads usabilityjust my thoughts...
I wish there was a cheaper combo, $40 for the Smart Cover and around $20 for the Feather... That's pretty expensive for what amounts to adequate protection from scratches and probably none from drops.
Looks really nice though, and is lightweight. Gotta pay to play I guess.