Well I finally received my package from Switcheasy (it took over a week). I just wanted to share a quick first impression and review for you guys and gals.
Out of all the cases I've tried for the iP5, from Belkin, to Griffin, to Incipio, etc...this is def my favorite out of all of them. The fit and feel of this case is simply amazing. I've been reading that this case is hard to take off
I don't see that as a problem at all. In fact, I took off the case 3 times just to see if it was really difficult, it's not. Hit the gym people! 
A quick tour around the case will show great tactile feedback volume buttons. The mute/silence switch is very easy to access and isn't a problem. The top is a joy to use compared to the Incipio NGP I just got (Incipio has emailed me and told me they are in the process of fixing the sleep/wake button problem). The sleep/wake on the Tones case gives great tactile feedback and not hard to press at all. The cutouts on the bottom are perfectly aligned and the bottom is not even close to being saggy. The only problem might be using 3rd party headphones. My Klipsch s4i's fit perfectly. The camera cutout is the way I like it (hate the companies that are still using the iP4S huge camera cutout).
So in my opinion, this is the best case available at the moment for the iP5
Pros
-slim and strong w/ great feel in the hand
-slight lay on table design
-cutouts all around are top notch
-minimal branding
-comes with a back screen protector plus 2 fronts and other goodies
-back doesn't show fingerprints
Cons
Honestly, none so far
Here are a bunch of pics
Out of all the cases I've tried for the iP5, from Belkin, to Griffin, to Incipio, etc...this is def my favorite out of all of them. The fit and feel of this case is simply amazing. I've been reading that this case is hard to take off
A quick tour around the case will show great tactile feedback volume buttons. The mute/silence switch is very easy to access and isn't a problem. The top is a joy to use compared to the Incipio NGP I just got (Incipio has emailed me and told me they are in the process of fixing the sleep/wake button problem). The sleep/wake on the Tones case gives great tactile feedback and not hard to press at all. The cutouts on the bottom are perfectly aligned and the bottom is not even close to being saggy. The only problem might be using 3rd party headphones. My Klipsch s4i's fit perfectly. The camera cutout is the way I like it (hate the companies that are still using the iP4S huge camera cutout).
So in my opinion, this is the best case available at the moment for the iP5
Pros
-slim and strong w/ great feel in the hand
-slight lay on table design
-cutouts all around are top notch
-minimal branding
-comes with a back screen protector plus 2 fronts and other goodies
-back doesn't show fingerprints
Cons
Honestly, none so far
Here are a bunch of pics