Marware (http://www.marware.com) is shipping the Eco-Envi carrying case for the iPad. It retails for US$49.99, is available in black and white and is made of “eco-leather.”
You slide your iPad into the Eco-Envi, and the Velcro closure keeps it secure, while the soft protects it from scratches. The carrying case comes with Marware’s lifetime warranty.