Waterfield design is now shipping their Suede Jacket for the Zune HD. The case is made in the USA and offers a very reasonable price of just $9 or $13 with a side pocket. The case is made of high quality suede and keeps the thin form factor of the Zune while keeping it protected from scratches.
"Keep ’em together. It doesn’t get thinner than this! This Ultrasuede® slipcase prevents scratches on your Zune HD, and the elasticity of the pocket keeps it flat when empty and stretchy enough to hold your earbuds safely. Low profile slides easily into your shirt or jeans pocket. Perfect fit for your Zune HD. Available with or without the new pocket."
[Waterfield Designs – Zune HD Suede Jacket]