The new stuff is very close to leather, but is supposed to be better. It costs more than the cloth and is an upgrade.
Maintenance seems to be the main reason given for switching from the cloth, as once sand gets into the cloth it is really hard to get out, even vacuming leaves some, and cloth will discolor when stained. With the Nagahyde (sp?) you can just wipe it off, both sand and spills.
Feel and looks are subjective and vary from person to person. It should hold up better than cloth.
Nothing worse than a soggy seat....
Tron, if I am going to ride in this with you please add in an ejection button for co-pilot or at least a co-pilot brake pedal.