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I'm of the opinion that one requires two cases for the iPad:
1) A bag for carrying the iPad around during commutes, etc. in a hands-free kind of way. For that, I have ordered the Case Logic E-Sling- Small (Case Logic E-Sling- Small > Laptop > Case Logic).
2) A form-fitting case (like the Apple iPad case) that allows the iPad to be propped up at different angles on a table, etc. This will facilitate a better video watching and typing experience. For this case, I'm waiting to see how the market matures and which options appear after the first little while after the iPad launch. I'm leaning toward the Apple iPad case for this purpose (Apple - iPad - View the technical specifications for iPad.) (near bottom of page), but I also find products like the Quirky Cloak (quirky | Cloak) and the Macally BookStand (BookStand Macally Peripherals) intriguing.
Decisions, decisions…..