Pretty cool. Should make for some fun commuting. If nothing else it'll give you a second bike to ride if your first one is down for mechanical reasons.
Didn't see it mentioned what kind of rims are on it, but if they're steel don't count on the Kool Stops to make the braking much better. I put Kool Stops on my 81 Panasonic with steel rims. In dry weather they stop OK, but squeal terribly no matter how I adjust them. In wet weather, however, the braking is near non-existant. I've resolved that mine is a dry-weather bike only. I even have to be careful on dewey mornings if I cut through any grass.