I got my wallet yesterday and the leather is just amazing! It's not stiff at all, totally soft and broken in already. It fits as much as my LV zippy coin purse, but it's smaller and doesn't have that divider in the middle inside. It does have slip pockets everywhere though! One outside on the back, one right in the front when you open the flap, one on each side inside (as opposed to 2 on each side in the LV, and the larger one behind them). The pockets are roomy too, so you can definitely fit more than one in each slot. My LV has a really tight fit, even though the wallet is wide enough, they made the slots pretty tight, so I've snapped my nails a couple times trying to pull my cards out, and you definitely can't fit more than one on the LV.
I've attached pics, the closure is blue because I haven't taken the protective plastic off. All the metal parts have protective plastic on them. The detailing of the Tiffany blue on the ends of the closure is a nice touch. I'm wondering if the wallets in the other colors have that too.