It would be nice if this Genesis were a Dahon-killer, or Brompton-killer, or whatever. I doubt it, though I've not seen one up close.
Given the company's penchant for engineering mass-market non-folding bikes at an uber-cheap price point, I'd be careful with their folding bikes simply because they're probably not spending much R&D /QC there, and this folder probably represents a tiny fraction of their overall production. A squeaky / clunky / cheap folder is no fun. Any chance you can test ride one before purchasing?