It's not real leather and I'm sure the FTC is going to come down on the current crop of items described as some sort of leather when it isn't. However it's quite nice.  It feels good and looks good.  Most of the buttons and the stylus are easily accessible.  I haven't tried to use the Isis wallet app with the case on so I don't know if the case obstructs this function.  The other annoyance I had was with the fit of the case around the volume rocker.  I have to press the phone further into the case to get complete access to the volume control.  Other than that I am completely satisfied with this case.