First things first: even if the timing of its release is way off -- it's not compatible with the new iPhone 4 -- there's real conceptual value in MiTAC's new Magellan ToughCase ($200), which is designed to work with 2008-2009 iPhone and iPod touch devices, the latter using an included sizer insert plate. Even putting aside its electronic features, ToughCase is one of the most interesting waterproof iPhone and iPod touch case designs we've seen, rated…
