Nestled among all of the announcements today was a newly-designed Smart Cover for the iPad mini. They'll be available for $39 at launch in pink, green, blue, light gray, dark gray and (PRODUCT) RED. The only real difference with the original Smart Cover is that it's ditching the aluminum hinge and has a full wrap-around of the polyurethane fabric instead. 

Here are a few shots from the demo video on Apple's iPad mini site. Any takers? Do you guys use the current Smart Covers, or are there third-party covers or cases that you prefer?