Mike,
I gotta lot of leather and Kydex holsters and I can't say that any of them work any better than the lowly Fobus paddle. The other holster I wear a lot is a Fist #2 quick on quick off. It's available in Kydex or leather and they look alike and are constructed alike, stitches and all, except the Kydex is much thinner and lighter.
I have some high dollar leather holsters and have noticed a couple of things about all of them. They tend to be really tight until they break in, they can get loose and not hold the gun as securely as they should, they have a relatively "draggy" draw, they squeak, squeak, squeak, squeak. And I've ruined a number of khaki pants because the black dye and polish on the holster rubs off on them. And did I mention that they squeak?
But, baffling as it is, I still love leather holsters, black of course, but I usually carry in a Kydex.