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I had one

foer my first generation iphone and I loved it. Very nice case and no problems with the magnet. You might want to search for a discount code-seems lke I got 20% off.
 
I really like that, and would like to get something similar when I get an iPhone. My iPod case works like this - the screen is completely covered by a flap with a magnetic closure. The only problem is that the iPod can shift within the case, so the cover caused some scratches. But a screen protector would solve that, right? I like the looks of this Pantera case too.
 
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