you sound disappointed with the red color

. oh, well. if that is the case then try
www.decalgirl.com , you should find some pretty cool, and girly, decals to cover your reader to really bring out your character.
as for a protective cover, not only from the accidents waiting for you in your purse but your child as well, the M-Edge covers can easily be opened by the strap so there may be no protection there.
you could try to "McGyver/McGruber" a case together that has a zipper to help. there was a poster here (sorry can't remember the name) but they used a case that came with some computer cables. take out all the cables and you have a case that just fits the 505. or try bookarmor sold at Amazon. sturdy, zippered, yada yada yada.....