I got the Caudabe Sheath about 3.5 weeks ago, and I've been using that since. I definitely prefer the Nomad rugged over it, and it'll probably be my daily case, but I wanted to give the sheath a fair hearing before I exit the return window. I have to say that I love the feel of the Nomad Rugged in the hand. While it's slightly heavier than the sheath, it doesn't feel so --it feels outstanding in the hand, but it might be that I prefer holding cases with bigger lips. I also understand that I'm in the minority who thinks the sheath's texture is too rough and it's thinner lip makes it awkward to hold given the weight of the case, and I've pretty much been trying to convince myself to love it given the praise it gets everywhere.
Since I made that first post about the Nomad Rugged's CC hole, I certainly got more used to it, and it's not as bad as I initially stated (I just wish all the brands would do what apple did with the silicone cases). I tried and returned a Nomad sport case (preferring the rugged and the sheath over it) and it's cutout conformed to the same design, the only difference being that the rugged case has the bigger bumper so the indent is more pronounced.