Australia is known for smelly Vegemite and those comfy Ugg boots made out of sheep right? Not anymore. A new case company based in Australia called Fieldfolio, has recently launched both in the US and Australia to bring classic handmade iPad 2 folio cases using traditional bookbinding methods to the masses. The Fieldfolio iPad 2 case was inspired by the classic cloth-bound book and comes in 6 different vibrant colors made from dirt-resistant, cotton-blend book linen and recycled hardcover board. The Fieldfolio for the iPad 2 also incorporates an array of magnets for a seamless closure system unlike other similar folios that use elastic bands. The Fieldfolio has also got other features like a back cutout for the iPad 2's horrible back facing camera as well as a magnetic sleep/wake functionality. So know you can finally feel how that linen texture Apple uses in iOS and OS X Lion feels like.

The Fieldfolio for the iPad 2 is expected to start shipping in late August for $69. I've got a feeling it'll be worth the wait.