Similar to a design once released by Marware, Philips' new Hand Wrap for iPhone 4 ($30) is a workout-ready neoprene and plastic case with a few interesting features. The core of the design is a soft fabric sleeve for the iPhone 4 with a play-through clear plastic face and openings for the headphone port, microphones, and speakers. An adjustable rear strap with Velcro enables you to grip the iPhone 4 while running, with the strap's bottom serving as…