Magnetic charms for the iPad 2

Offaly design firm ‘Applydea’ has designed a simple, magnetic pen and cover for the iPad 2. The Maglus magnetic stylus project needs €15,000 to get off the ground and into its manufacturing phase. Applydea is trying to raise the money on Fundit.ie.
With over 2.9 million iPad 2 units sold to date, projections indicate that Apple will have sold millions more by Christmas.
You can see the product in action here: http://www.fundit.ie/project/the-maglus–a-magnetic-stylus-for-ipad.