Sorry for the Delay. Let me try to asnwer your questions Shilun:
All GIant Halfway that I own and see have the handlebars folding S.E. (Nice and intelligent way to describe it, I couldn't find a better way). One of the advantages is that , once folded, people cannot mess around with the bike (actually, the seat can't go up either, so it is a very protective system);
About the folding size: Honestly, besides the fact that it does not look that neat, the extra volume on the rear suspension model is a luxury that you should consider. I have both hard tail and rear suspension and the difference when riding the rear suspension one is as if the bike received a $800.00 upgrade.
In one way or another, I am still looking for something better for me than my Halfway and I can't find (maybe the trek 600 or something...)
Rafael