iPad Smartcover Review Small Profile, Portrait / Landscape

I purchased a Apple genuine smartcover in blue a few days ago. Here is my review:

Pros:
Magnetic connector - Connects the iPad2 from the side to the Smartcover. Very low profile and nice.
Magnetic screen - Don't have to press the on/off button a million times to turn it on and off
Small profile - This is thin and small.

Cons:
Folding part: The folding part is starting to already wear out after a week and it looks very used.
Dirty: It gets dirty fast as when I flip it over to use it, it absorbes the dirt from the back
Stand: The stand has two problems. One is that since its so light my iPad has already fallen 3 times when I came to touch the screen while standing it up landscape. I used to have a better stand for my iPad 1 which never fell over.
The second problem is that there is no way to stand up the iPad in portrait mode. It will fall over right away.
Back: The back of my iPad2 is not protected. I ended up getting a little bag to put it in when I carry it around.

Conclusion:
As soon as someone else makes a smart cover that does the following I am going to get rid of this:
1. Auto on/off cover with magnet
2. Stand landscape/portrait
3. Cover the back.

All we asked for is a good case & cover. “If they had made a case, I think we would have gotten killed,” said Tim Hickman, the founder and chief executive of Hard Candy Cases.