I love my TN so much! I was nervous about ordering because I hadn't seen any video reviews where I could see the leather. I can say it is such a lush, yummy leather that smells and feels so good! It is very smooth, quite thick, and does lay flat. I think the way the elastic is bound is genius and an elegant solution that leaves less knot bumps on the spine. The pen loop fits both of my thicker fountain pens (Kaweco and TWSBI) which is a huge plus-- I do have to fiddle with the pen loop to lay the cover flat, but not a big issue. I have mine somewhat full and the TN zip pocket does stick out a bit which I don't mind. Really happy with my purchase!