I just got mine in the mail. The materials used and strength of the magnets are quality. I love that it doubles as a two-way stand and wakes up/sleeps when opening and closing the case. I got mine for $7.95 and super saver shipping from Amazon. I really can't understand how it can be so heavily discounted for how nice it is. Maybe it was built for $3 in a Chinese factory or maybe Asus or Google are throwing in a kickback. I see the MSRP is climbing back up though. Folks should grab one of these while it's still cheap!