The cover is just like that of a premium hardcover book, featuring black Moroccan cloth on the outside and a colored interior. Our review unit happened to be red, a $60 color, but four of the eight available colors cost $65. On the back is an elastic strap to hold the case shut. Attached to the inside of the right cover is a carved bamboo tray that holds the iPad 2 in place, using soft padded corners to apply pressure without causing any damage. We…