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Provides good protection, but the hard plastic outer shell is a bit too smooth (it doesn't provide much grip)
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They will and do occasionally crack and the hard plastic finish will start to deteriorate, but that's only after year or more of abuse.
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When the phone is left in a extremely hot area, or in the sun, the hard plastic case's finish will crack and flake off, leaving you with bits of the case all over your hands and pockets.
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furthermore the rubber layer that actually touches the phone is a very rigid plastic, it feels like it would not absorb much of any impact at all