I was looking for an attractive, minimalistic ipad 2 bag just to protect and carry my iPad and a few small things (e.g. the charger, some earbuds, etc). I am very happy to have found the STM iPad Jacket. It looks and feels great and was exactly what I was looking for.
The only two shortcomings the ipad 2 bag has are very minor. The large back pocket can't be secured closed, which makes it useless if you carry the bag vertically by the handle as it appears contents would easily fall out. The second concerns the handle itself, which is unexpectedly hard and would do better as a softer fabric handle.