If I were to speculate (not saying this is actually the case), maybe they are testing and airing out the original versions that do not have the magnet shut off when folded back issue and passing them as the latest version. Maybe they figured that if they smelled less potent and the sleep/awake feature worked as advertised, people wouldnt notice (and I am sure most wont us OCD Techno Geeks are not the norm).
The one that I received does not have this magnet issue, but it stinks and the leather feels cheap. I know its only a $40 case, but can ALL the reviewers be wrong about how much nicer the leather feels on the new revision?
Also, as shown in that YouTube video I linked in my previous post, my box is consistent with the original version of this case. AYL responded to my email and was a bit vague in terms of which version they think I received, but they are willing to replace it so Ill see what happens next. They said that both newer and older models are shipped in the same box, so I dont think they ever noticed the small differences. I didnt cite them in fear of them swapping boxes.
I told them that Id only go for a replacement if they can guarantee that Itll be the revision 2 Ive not heard back from them yet, but its only 1:30pm on the East Coast. All of the openings on my case align perfectly, so lets hope this is also true for the replacement.
Buying a nice case with few flaws for the iPad 2 has turned out to be quite the challenge. Id gladly pay $100 for this case with matte premium good smelling leather, better stitching, a better fold-in tuck and a cover that not only allows for the sleep/awake function, but actually STAYS CLOSED until lifted. Using stonger magnets to make this possible seems like a no-brainer to me.