Covered in tweed and faux leather, JAVOedge's Austin Axis Case for iPad 2 ($43) has the nicest materials of the recent selections we've seen from the company. The folio-style case is composed of a hard plastic shell, which is attached to the front lid by a rotating arm; a magnetic latch holds the two pieces shut, while another magnet in the front cover activates the automatic locking feature. While the shell isn't the most protective we've seen --…