Firstly, I love this item's protection for my Note. It keeps it tightly secured and the magnetic closure was primarily the reason for the purchase. It ticks all the right boxes but there is one major flaw with it. While it has gaps for the power button, camera and its flash and charger port, it does NOT have a gap to get the S Pen in and out of the phone! I had to bend the bottom right hand corner of the cover, damaging it ever so slightly, to get my S Pen. Personally, I was rather disappointed by that as I use the S Pen frequently.
However, it does merit 4 out of 5 stars as it protects both the phone and, most importantly, the screen - which an absolute must with the Samsung Galaxy Note (due to its sheer size). I would recommend it to others but, if you use the S Pen as much as me, be warned!