I am nuts when it comes to a good case for my phone. First of all, I really like the form factor of my Incredible. I prefer not using any shells as I do not like adding bulk to a device I purchased particularly BECAUSE of it's for factor. The only one I had found previously required that I put a shell on....the Verizon holster case. It seemed like a good idea at the time, but unfortunately it can come out a little too easily at the most inconvenient times. This happened to me twice and I have on too many occasions found the phone halfway out of the holster ready to fall. The first time the phone fell out was resulted in a scratch, the 2nd cost me the Insurance deductible for a brand new phone from Asurion. This is unacceptable to me, so it is sitting on my desk ready to be returned.
Going through Android Central's Accessory Store, I found a case that appeared to be exactly what I was seeking, the HTC S280. It has a nice sueded look to it, belt clip appeared sturdy in the photos, and it appeared to offer great protection. I was a bit skeptical about the velcro strip to pull down instead of up like most cases, but when you have it on your belt it makes sense.
Upon arrival, I opened it up and slipped the phone right in, the side straps that hold it in were a little snug at first, but I found it broke in fairly quick. They are not elastic, they are nylon and sewn in tight with no worry of them breaking. The case arrives with the side pieces tucked in so the break in was getting the "memory" for lack of a better term to stay out. The case front covers the entire phone and is very loose, and there is a fingerhold on the bottom which allows you to remove the phone multiple ways for easily grabbing the phone with no worry of dropping it or the phone falling out. The looseness and flexibility of the openning also makes it easy to place the phone back in. Folding the top over it holds it securely, and that velcro strip assures you the phone isn't going anywhere.
Overall I am much happier with this case then I was with the verizon one. It apparently fits multiple types of devices, so if you happen to upgrade to another phone, you can more than likely use the case for that one as well.
The only con I could really throw out there is the case sides are slightly too short for the phone initially, if they had developed the case slightly longer, no break in would be necessary.
Other than that, if you are looking to keep your Droid Incredible's sleek form, and have no desire to put a shell or silicone cover on it, and don't want to buy one of those crappy cases Verizon sells, this will most likely be the case for you.
Here are some photos, the dark gray color was hard to capture, and I took them with the Incredible, so sorry for no phone in case shots.