Well, based on this thread, it is hit and miss, so prepare for the worst case scenario... Typing position is good. Using it now.
Logo:
View attachment 708185
I just received my case in coffee color and it is perfect! No 'V' (guess I got lucky on that one) and it fits and looks great. I can see where some people have mentioned the magnets could be stronger but they work fine as they are. I agree a little more stick would be welcome but the sleep / wake and both typing and viewing positions are doing just fine for me. Once the cover is folded and broken in some it will help too. Even the logo and font inside the case is very Apple-like! Why, oh why couldn't Apple produce an OEM version like this? I mean, this one is probably 90% there, but Apple would be even a little nicer. Surely they are seeing the feedback from people wanting a back case and also something better than the Smart Cover that can pop off too easily. So far, I think I am going to be very happy with this case and I am probably going to order another one myself just to have a change of color now and then. For $10, you can't go wrong!
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I just ordered the UAG case from Amazon. Not cheap for $60
I have been patiently trying to like the UAG Metropolis but it's packed up and headed back to Best Buy this afternoon. It's heavy but I accepted that as a trade off for protective. The front cover is like a flopping mess when you try to use it by holding with one hand and the real gotcha is there is no typing angle. Unbelievable. They claim to have put all this thoughts into a case but give you no way to type without some makeshift rigging which is still too wobbly. Same with the writing when folded flat.