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Incorrect- I have the Air 1 cover, and the hinge is fully covered to prevent scratches. The Smart Cover for the earlier iPad models did have bare metal hinges.

I stand corrected. I had a Targus Versvue for my iPad Air, so I was still thinking about the iPad 4 smart cover.

So I guess I wasted $20 buying the 'new' one. :( Oh well.
 
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