I agree that the 505 cover is much better than the 300's pouch. But I think the construction of the 300 is pretty solid. I don't see any of these lines, mismatches, etc. in my 300's case. The finish is a uniform, micrograined metallic surface. Maybe yours got scratched up in transit? It feels like a compact, solid unit and I'm not afraid to carry it around in my pants pocket.
Also, I have noticed that the 300 seems a bit slower than the 505 with respect to loading, page turns, etc. Not faster.
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