Yeah I figure this is my "warranty" seems pretty protective and it looks really nice. Their customer service seems really good too, received a email reply the next day and they are active on their G+ and Twitter.
Edit: From their G+ in response to a question about the speaker and mics
We're so glad someone asked this, because we put a lot of R&D into it. We will be posting updated photos of the Nexus 7 case design very soon.
The speaker aligns with the bottom ledge of the frame, which helps direct the sound toward the user through the bottom port. It actually sounds better in the frame than when it's sitting on its own.
Regarding the mics, this really has to do with how we engineer our frames from the beginning. The rubber corners and accents allow for airspace around the device itself where the mics are located. This airspace is exposed to the wood, which helps capture sound.