I'm completely new to the world of folding bikes. Before doing a bit of research, I had always thought of them as something of a novelty item, not a bike you could do serious riding on. Obviously, I was wrong. How feasible is a folding bike for long distance and/or hilly riding? I was thinking of getting a hybrid type bike, but a good folding bike seems to come at a slightly lower cost. Can you do decent speeds? Can you go up a reasonably steep incline without toppling over sideways from lack of speed? What about distance, are fifteen mile rides doable?
I've got a budget of up to 500 for a new bike, if anyone can recommend a folding bike in that range (or cheaper!) that could replace a road/hybrid type bike, I'd be mighty interested.