You cannot beat it for the price.  I already have the black in carbon fibrer design which is nice and maybe a bit more durable (more scratch resistant) but the napa leather feels really nice, smooth and smells good.  :)
I use this for holding business cards you get for a store or company or coupons.  Pretty much to reduce the extra junk in my normal wallet.  It works for what I need it for and I love it.  Part of my plan to be more orginazed and separating items into different pockets (this rides in my back pocket and main wallet in my front pocket.