I'll post some pics of mine in the M1 here in a bit. It is actually a nice case, but I do see what he means about the fake leather harness that holds the gTab feeling a little cheap. I don't think it will tear with normal use, but if you're rough with it, it just might. I wish it was more flush with the body of the tab, but it's tolerable.
I'm just happy to have a folio-type case for this sucker, and it's great to have it propped up. There are not slots for business cards, but I consider it a folio because it folds open and allows you to use the gTab while it's still secured in the case.