Is it possible to have the cover to fold under and sit against the back of the case or does it hang down all the time?

Would I have to condition the leather strap part to make it more flexable so that it would bend backwards?

Can you talk with the cover closed? I cannot tell from the vaja website if there is a hole for the mic etc.

If not, what are you thoughts on using a dremel, most likely with a diamond drill point, to make a nice small and clean home for the mic to work through the strap/case.

Any input would be great.