Others say...

"Cheap but good"
There are flaws with every case, and the belt clip is not this case's best feature. So if you're a guy and want to clip your ipod to your belt or hang it around your neck (* Alarm Alarm Nerd Alert! Nerd Alert*!) go elsewhere. But if you're a woman and toss your ipod in your purse or pocket, or you're a guy over the age of 30 and carry it in your brief case or man-bag or pocket this case is EXCELLENT. I was purposefully looking for a case that would meet this need and this one succeeds brilliantly.
Also, it's so cheap you can get it in multiple colors--I got the orange.
The construction is very fine, the case is lined with a soft leather (or faux leather). The stiching and cutouts for the ports, the wheel and the screen are precise and perfect.
The case is 'loose-ish' but that's not necessarily a bad thing. I've had previous ipod cases that damged the ipod finish when I removed it, this one lets me take it out without trouble.
Although the cover protects the ipod, I'd recommend putting a clear screen cover on just for extra protection.

"That's what you get for going the cheap route...."
Ok, so this is probably not the best protection for your iPod, but what do you want for 6 bucks? I'm cheap. If you're not, buy something more expensive perhaps...

Pros:
- It does protect the screen and click wheel nicely.
- The flip-up top magnetically shuts and holds securely, which I guess helps if you happen to drop it.

Cons:
- The belt clip is ridiculous. It's not a stationary clip. Instead it spins around, which makes the likelihood of it falling off your hip greater. This product is not for the joggers.
- The leather strap that comes with it is too short, which makes it difficult to operate the iPod when it's around your neck.
- It seems that the magnets leave marks on the areas not mentioned under Pros above. But, as long as you never take your iPod out of the case, no worries.
- This is made for the 30 GB iPod Video, but it's actually a little big for it. It leaves room for the iPod to slide up and down in the case. It makes accessing the HOLD switch difficult sometimes when the flip-up top is down. It's easier to just open the top.

If you don't care about the cons and you are cheap like me, go ahead and buy it.