Looks like there is a leather one:
Amazon.com: Motorola Protective Portfolio Case for MOTOROLA XOOM (Motorola Retail Packaging): Computer & Accessories
If you hover your mouse over the pictures of the case, it will enlarge it and you can clearly see a leather texture.
Oh well, I got a nice discount out of it
It sure looks like a leather texture in the picture, but the item model number (89448N) matches the Motorola Protective Portfolio Case that I just picked-up from Best Buy. The one I just bought is definitely NOT leather.
The Case has a smooth, hard plastic frame and Xoom holders, the inside is a dense foam like neoprene, and the outside front and back are a textured rubberized plastic (if that makes any sense).
I am looking at best buy's site right now. Every Best Buy within 10 miles of me (6 or 7 stores) has all of the Xoom accessories in stock and available for in-store pickup today. If they tell me I cannot buy the folio today, I will just go online, order it for in-store pickup and head to the customer service desk to get it, ha.
That's exactly what I did: placed my order last night, received an email today noting that my order was ready for pick-up, and just got back from picking it up.
The leather version at BB is 39.99
I don't believe that there is Motorola leather version. Check the model / item number. If it's 89448N, then it's just the plastic Portfolio Case.
I thought that was the "durable" version, which is what the OP picked up for $39.99 (before his discount).
You are correct.
I'm sure that 3rd party cases (including leather ones) will be available very soon, but I want to have my Xoom protected from day one. That's the main reason that I bought this case. The other reason is that I had a $40 BB gift card to use. Otherwise I would have bought it at a VZW store for $30 after a 25% discount.