I have one of the "previous" versions from earlier this year, and love love love it. I also got it for well under 2 bills. It certainly FEELS half-canvassed. And according to
Joe's review here it is.
I haven't really worn it out anywhere yet, but I've paraded around the house for my ferrets and they sure seemed to dig it.
If the new ones aren't canvassed anymore, that's a damn shame. And even with the really nice wool, I probably wouldn't pay much more than 200 for it (but again that's probably because I got the good one for less than that).