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Now that the iPad Mini is out, Belkin is attempting to gain a foothold in the market with their Quilted Cover.
Belkin is known for making quality cases and their latest releases for the Apple iPad mini have not disappointed. The Belkin Quilted Cover for the iPad Mini has a stand as well as a hole for the camera. There is also a magnet to secure the clasp which is handy when you're using it to watch movies since it holds the clasp back.
If you are interested in picking one up they are $39.99 from Amazon.