6 month update: wallet is doing well, the leather has softened and has not torn yet. 2 of the corners are wearing because the phone is not perfectly centered in the case because the hole on the back for the camera is positioned too high, which is leaving the leather corners at the bottom of the wallet exposed for more wear. the magnetic clasp has not started to tear yet, however the magnet does prevent use of the compass app or other apps that use this function. for 1-year upgraders, this case should last that long, but 2 years may be a stretch.