I have 2 Recommendations that I stand behind %100! I've owned the same cases previous models for the iPad 2 and I loved both of them so much that when I bought the iPad3 I looked to see if they had newer ones out because they didn't fit the 3 as well as the 2. - Both Companies made newer ones!
1st Otterbox Defender (NEW for iPad 2 & 3) - I had one for the 2 and my only complaint was it's 2 pieces (the cover which also acts as a stand) and the other complaint is that the rubber cover or whatever it is, stretches out after a while and doesn't fit as clean as it use too.
-As far as my second complaint about the rubber cover - they also had the same problem with the iPhone cases and when the iPhone 4s came out Otterbox released newer models with a different type of rubber that DOES NOT STRETCH OUT Half as bad as the previous ones. They also put this new type of rubber on the new Otterbox Defender case for the iPad3 which made me extremely happy. Only thing I didn't like about the new OBD Case for the iPad2&3 is that it comes with a built in screen protector. Maybe most people like it - but having the iPad 3 I went and had the ZAGG HD Screen protector put on (enough of a difference to put it on if your going to ask) so the extra screen protector that's a THICK PLASTIC is pointless - SO - I popped out the screen protector and cleaned out all the remaining glue.
-NOW- What I did to kind of give it a little more cushion and protection from letting dirt and dust get in east from the screen side was I went to Lowes and purchased some Windows Weather Stripping that's very thing and sticky on one side. I lined the inside of the front of the case so that the foam/rubbery part would press up against the glass of the ipad when I enclose it in the case. This now helps keep all the dirt/dust and evrything else from easliy getting inside the case through the front open peice. It's not a complete seal since it's open in other area's so it's not meant to make it air tight or anything - but it works great!!
2nd - Targus - Versau - This is almost like the other Targus case mentioned in this thread but I like this one MUCH MUCH Better! It has the 360 ability so i rotates for different stand positions for both Landscape and Vertical. It has I think 7 different stand positions and it also has the magnet int the cover to turn the ipad on and off feature, and then also a little spot to put the stylus. Now the one I bought is DEFECTIVE - the magnet is in backwards so it doesn't turn the ipad on and off when I open and close it - and 3 of the positions that it stands in are not that sturdy - it slips out easily. SO READ ON!!
--I Emailed Targus about this issue since I spent $60 and LOVED the 1st one I bought for the iPad2 and was a bit let down - THEY REPLIED THE NEXT DAY!! - They appolgized and was aware of the issue and was currently in the process of completing the changes to fix the problems. They just requested I give them the exact model and email/fax a copy of my receipt and once the new fixed ones are completed they would ship one out to me FREE OF CHARGE AND I CAN KEEP THE OLD ONE! So in my eyes TARGUS scored major points with me - they owned up to the flaw in their product and well made up for ti with me by sending me a new fixed one also letting me keep the old one (Still works great except for the magnet on/off - who cares
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-I have 2 because %80 I have my iPad3 in the Targus case for everyday day to day stuff - but when I'm doing certain things or letting my son play with my ipad i put the OBDefender case on it and I don't worry about a thing. I am very OCD when it comes to keeping my stuff clean and perfect- I actually take my ipad3/iphone4s out of the cases about once a week to clean the inside and out and to this day all my stuff remains in MINT condition.
I STAND BEHIND BOTH CASES %100 - I might pick up that strap adapter case that Otterbox makes for the Defender case - anyone else have one already? LMK
-Good Luck!!