Joby are better known for making funky portable tripods (aka the Gorillapod), but they also have a line for the favorite fondleslab of the moment; Ori for iPad 2.
Yes, your friends will laugh at you because it makes your sleek, svelte device thicker and heavier. Yes, they will laugh because it takes you a minute or three to setup once you get somewhere.
But you shouldn't care; the number of angles, the versatility of the positions, the front and back protection make it all worthwhile!
Check out the video to get an idea of how cool this cover is! I bought mine from Rene at Wintec Solutions, a very friendly gentleman who wowed me with his service and attitude.