Picked up the black leather for my slate/black 5 and the blue for my wife's white 5. I consider myself a case whore and I wanted to try Apple's newest. I was a little skeptical at spending $40 for a thin minimalist case. After a day of use I can give this case my highest recommendation. There is just something about the leather texture which makes the phone feel wonderful in the hands. It's almost as if the phone doesn't have a case but there is plenty of protection. There is the perfect amount of lip on the front for lay on the table protection. I read other posts complaining that that the sleep/wake button is hard to press. I couldn't disagree more. All the buttons are perfect. It even smells good!
Camera cutout seems to be big enough, even for the 5s and it's different flash. There is a black ring around the opening as well. I have taken some test shots and everything looked great.
A couple of concerns though. The back of the box states.."It's appearance will change as you use it." Ummm..I hope not too much. This could be a future issue. For $40 it should last.
It is as others stated hard to take off. If you switch cases often, could be a little frustrating. I have found if you pull case off from bottom left side if facing front of phone, the case will pop off easier.
I give this case my highest recommendation. It's my new daily flyer. Give it a try!