This is 100% correct although there is one benefit to the "fold" of a Bike Friday NWT and that is the cockpit doesn't have to be adjusted after the fold. Everything pops back exactly into the same spot as the previous 100 unfolds. On my Dahon I tend to have a ritual of getting the bike unfolded...riding half a block and stopping to adjust the saddle and/or the bars.

However, unless you are doing some heavily loaded touring I'd go for the Tikit for ease of fold.

You haven't even seen my speed suit yet!...