I picked this case up for $14 plus shipping from the seller referenced in the previous post and it just arrived. Overall I am pretty happy with it. From a functional standpoint it holds it's position for typing or landscape video viewing and is stable. I like the fact that it's not too thick, though more so than the Apple case, and the stitching is solid and doesn't stand out.
My only complaints are that the cover only holds shut on one corner - the small magnet in the other corner may have slipped or not been installed. Also, while it has a flap that tucks under the iPad to hold it in place the arrangement is not super tight, and the synthetic material doesn't create enough friction to really keep the iPad from moving. So while in landscape mode it still slips a little, though not really enough for the case bezel to cover the screen.
Again, for the price it definitely exceeded my expectations and I plan to continue using it daily due to how useful the design is.