I have both the Smart Cover and Targus VuScape and am deciding which to keep. The one thing the Targus is missing is the Smart Cover Instant-On so I took a fridge magnet, found the trigger and then taped it to the lid. And it works!
Obviously figuring this out isnt a monumental discovery, but it does make me wonder what cool implementations can come out of the non-proprietary magnets in the iPad 2. Any ideas?

Obviously figuring this out isnt a monumental discovery, but it does make me wonder what cool implementations can come out of the non-proprietary magnets in the iPad 2. Any ideas?