True, it doesn't have padded corners, if that is your goal you'll want a ruggedized case and/or sleeve. I wanted a professional looking portfolio that didn't add too much weight that I could carry to work completely self-contained.
I can sacrifice edge protection for the weight and sleekness of the case. It's not a huge deal, more curious of how well it protects the corners without full coverage. About to purchase a black/grey one, can't wait to get it.