I spent a ton of time looking at different wallets, since it's something I'll use daily for years to come.

The leather feels great.  Appears to be high quality, and I'm hoping it will last me at least 5 years.

The layout is good.  All normal sized cards fit perfectly into the slots.  Snug, but not too snug. Dual IDs slots is nice if you have more than one form of identification.  Easily holds 9 credit cards and two IDs.  I like the sideways oriented slots, as I found my other wallets with vertical slots tended to drop cards after a few years of break-in.

The only negative is that the wallet doesn't stay completely closed, even when empty.  With that said, I'm sure after a few months of break-in, it'll be fine.  I think this has been the case with every wallet I've owned.  I've applied small amounts of two favorite leather conditioners, and I'll report back at a later date, assuming that I remember to.

Stitching is all perfect, and it doesn't seem that it'll be falling apart any time soon.

I don't think you could find anything that could compare for under $20.