We’ve seen several iPad 2 cases that work with Apple’s Smart Cover, and here’s another one from Piel Frama.  Known as the iMagnum, this case covers the back and sides of the iPad 2, while still allowing Apple’s Smart Cover to cover the iPad 2’s screen or fold into a stand.  The iMagnum is covered in cow-hide leather, with a multi-layer interior made of cushioning, plastic and fabric.

Interested?  You can preorder the iMagnum here, although you will have to wait 3 to 5 weeks for the device to be released.  The iMagnum is also $119 – insanely expensive for an iPad 2 case, even if it is made out of leather.