To several of the people above: First off the $59+ shipping isn't bad compared to my Life Case for the Iphone 4 that ran $80 plus tax. The case also protects against shock (drops), but it adds bulk. Had this been out before I got my case I would strongly consider it. For the $2 fix, I don't know how well that would allow you to use your phone through it? My case and the liquipel are completely usable whilst being waterproof.
I would have no problem sending my phone away for 2 days, it wouldn't be the end of the world. The technology/company is new so it will take some time for a reputation to be built up, it is just like any other new company out there. It will be great to see how this coating holds up, I am extremely interested in hearing more about it.