I began writing this entry to get my thoughts out on the new iPhone Leather Wallet, but it expanded to include some musings about Apple's use of magnets, a bit of rambling about aesthetics & modularity, & my experience with how well the Wallet holds onto the iPhone and whether you should trust it with your credit cards?

In a brief, 40-minute presentation held at Apple’s Cupertino campus, a raspy-voiced Steve Jobs introduced the Intel Mac Mini, the iPod HiFi, and one of Apple’s earliest forays into the leather accessories market: the iPod Leather Case.