I kinda like it, and I don't get all the negative comments. I've been a user of folding bikes for a couple of years and, while easier to store/get into buildings with/carry around, they are still quite heavy, tricky to fold, and bulky.

Strida nailed that a few years ago, even if they are not as efficient as a proper bike (while some folding bikes are). This halfbike would probably be ok (if cheaper) for shorter rides and for rides that requires walking every now and then or indoor rides.