Honestly...the fabric in the 2011s is VERY nice. Red stitching all around, plus the steering wheel is leather. I have not sat in a 2011 with leather, but feeling the leather of other subies in my dealership, I wasn't terribly impressed.
There are a couple of pictures of my interior at the link in my signature, but the best place to look is on Subaru's website. Tons of photos in there of the interior.
My only beef is the way the door panels rattle...but that'll happen whether you have leather or not.