cliffdweller,
See my post above on how I fitted mudguards. You can add a rack, but you have to be creative. See this pix below on how this guy did it:
http://www.downtube.com/Folding_Bike....php?4,file=23
I have a 09 FS and the paint has a tendency to chip easily. I'm fairly sure earlier models are the same. Kinda problematic if you fold it frequently as contact points seem to take the greatest impact.