Yesterday I met up with a friend who was fortunate enough to get his iPad before me () and he had a Smart Cover with it. However, he told me that when it is standing, the cover tends to somehow fold within itself causing the iPad to fall. The position I mean is shown in the picture below (my MBP was supporting it cause it was falling so much).
He's had it for about a week and said he did it exactly the way it is shown on the box. Are others having this problem as well? Or were we just folding it wrong?