You may think it fits perfect, but I suspect it does not.
A coworker here has an iPad 2 with the VersaVu for iPad 2.
We JUST swapped iPads and tried them in each others case.
Both iPads fit exactly the same in each VersaVu as does his, and his is a better fit in both. Uniform depth all around, uniform fit all around the edges. Mine shows the 0.8mm difference in both cases. There is NO doubt that in these two cases (mine advertized as for 3rd gen) have the exact same holder.
Also, for wat it's worth, the auto wake/sleep feature did not work with my iPad in either case, and his iPad 2 did not work in my case. Only his iPad 2 worked in his case.
Basically, the cases they shipped for 2nd and 3rd gen are identical except for the magnet placement and/or polarity.
Mike