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SmartFlex View for iPhone 5 and 4S/4 ($34.95)
Until you slide the stand out, and then feel how snappily it retracts shut, you can't really appreciate the eloquent way the SmartFlex View for iPhone 5 and 4S/4 ($34.95) employs its discreet stand. The rest of the case is rubberized with a grip, and felt pretty tough.
See photos and read my impressions from my Speck HQ visit in this gallery: Skulls and candy: Hands-on with Speck phone and tablet cases [Gift Guide 2012].