I bought the HTC OEM TP2 version off ebay for $7.99 free shipping, Its all leather even sides no elastic involved and Magnetic but Doesn't have the problems associated with other magnet holsters, I did some tests with it and noticed its shielded on the inside with means the phone don't feel the magnet at all Latched or unlatched.
Here is my other post with ebay site listed!!!
http://forum.ppcgeeks.com/showthread.php?t=84712
I noticed the price went up to $9.99