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Yesterday I received my Fine Woven case and wallet (Taupe) for my iPhone 15 Pro. It's unfair for me to render a full opinion on the case until I have a phone inside of it, but the wallet is fair game. And I have an Apple MagSafe (leather) wallet to directly compare it to.
The Fine Woven wallet is absolute trash. It fails at its primary objective - not falling off the phone. Pair it with a Fine Woven case and it's practically glued on. Anything else, and it slides off with ease. I tested it on the following cases against my Apple MagSafe Wallet, and in all situations the leather wallet worked better than the Fine Woven wallet:
Cyrill UltraColor Mag (14 Pro)
Spigen Rugged Armor (14 Pro)
Nomad Modern Leather (14 Pro)
Nomad Sport (14 Pro)
Casetify (14 Pro Max, unsure which specific model, but it has a Gilmore Girls quote on a decal)
Cyrill Ultrasheer Mag (15 Pro Max)
Forget that the leather wallet was better for a second. There wasn't a single case above where the Fine Woven wallet adhered in a way that I would trust it. Not one, aside from the Fine Woven case itself.
The older leather wallet was a true MagSafe accessory for the broader MagSafe ecosystem. It worked well with virtually any MagSafe case, or even a naked iPhone. The Apple Fine Woven Wallet is a Fine Woven accessory first.
Apple no longer sells a first party MagSafe wallet. That's the bigger tragedy, IMO.