Moshi has introduced a variation on the Smart Cover. Their iGlaze + Versa Cover for iPad has a hardshell back cover with an attached microfiber front cover. The front cover can be folded into a stand that can support the iPad in horizontal or vertical viewing positions or in a typing position. The cover also can wake/sleep the iPad. There are versions for the new iPad or the iPad 2. You can choose a translucent, white, or black back cover with a gray, taupe, or black front cover, respectively. The iGlaze + Versa Cover is $60.00 at Moshi.