What are the edges like on the new smart cover? I remember the original apple ipad cover had the same edges and it digged into your hand a bit after a while.
Do you mean the new Smart CASE? If so, yes, it does dig into the hand a bit. I will normally rest the unit on my leg or propped up with a cushion so that it's not uncomfortable for my hands. Strange that Apple saw fit to make the edges so sharp though.
Oddly, I find the iPad is ever so slightly loose in the case, but not so much that it becomes an issue.