While there are a few magnetic locations all around the iPad frame, there are three primary ones on the middle outside edge. Just above those three locations, and just below the volume control, is a location which causes the pad to sleep and wake when a magnet is brought near and removed.
Note: The hold-down magnets inside the iPad alternate in polarity, so you will definitely need to place the magnets like I show in images 3 and 4, then relocate them to the holes you make in the cover, being careful to maintain polarity, or your cover will want to magnetically hover rather than attract and hold shut.
So I set about inserting those magnet into the cover to make it sleep and wake the device when the cover is closed and opened. Since it's made out a nice suede leather there is no worry about the magnet marring the device in any way.
What you will need:
- Small strong 1/4" diameter magnets.
- A hobby knife.
- A iPad 2 cover that can support having magnets inserted into it.
- A pencil for marking the locations