We introduce here a novel type of cloaking, based on a circular concentric meta-waguide structure, where the metawaveguides are bent waveguides with porous metasurface walls. In contrast to the cloak implementation reported in~\cite{schurig2006metamaterial}, which only \emph{approximates} the ideally perfect transformation-optics cloak because of prohibitive fabrication complexity, this cloak is designed ab initio for optimal cloaking, and offers therefore largely superior performance. Its combined simplicity and performance arguably makes it the most practical existing cloak reported so far.