I got my new Kindle 2 today - along with a standard cover. The cover wasn't too expensive and it's better than nothing.
It's quite basic overall, but fairly stiff and padded, so not a total loss
An M-Edge would be better.
I definitely agree about the issue of stress on the body of the device from the hinges if one is not careful about how the Kindle is picked up and opened - and I would like some way too keep the cover closed. I would want to use an elastic band since there's no clasp.
Overall the standard Amazon cover lives up to my expectations. It's okay until you find something better
