My wife has had a Transfer for a few years. She likes it but I think you could do a lot better. It is comfy, the internal shifter is nice, and it has a lot of cool features standard like fenders, lights, a generator hub, and a rack. However, there are a lot of cons:

1. It is a beast. This thing is not lightweight. Steel is not going to change this.
2. The lights are dim and next to worthless.
3. Her brakes are weird and complicated, although I see on the newer ones they have normal V brakes.
4. Because you have the internal shifter/hub (this is further complicated by the drum brakes on her model) in the back and the dynamo in the front, it makes fixing a flat on the road that much more complicated.

In all, I think it's more gimmick than actual utility bike, especially the awful lighting system. She likes it though, and I can't argue with that.