I love my Swift folding bike. Actually it's technically a Xootr model, but I don't hold that against it too much, especially since I've made it my own and Peter Reich (the designer/inventor) has lovingly put a lot of work into it. The most recent modification - I've heard I have the first one - is the low hanging basket. I am attaching a couple of photos. It works great for carrying a backpack on a hot day, and especially anything high, as it still allows full visibility, plus leaves the handlebars free for lights and other attachments. I use mine especially for shopping at the farmer's market, as the basket easily detaches and I can do my shopping with it, and then snap onto the bike. Just wanted to add to the thread about this basket, and that after 3+ years, I still highly recommend the Swift and I love that almost all the relevant parts are easily available and that it rides like a "real" bike.

Thanks Peter!