My first reaction was "if it isn't a pig that thinks he's a dog, it's a web designer that thinks he's an engineer!" And so I emailed Mark Sanders, and was informed that he knows the designer and the design is sound. He added that there are a lot of details to work out before a bike goes from this stage to being a finished product.
My second reaction was "wow, a folding titanium bicycle for $1,199! It sounds too good to be true!" Time will tell.The designer has answered all of my emails, and I think I'll support it. I'll be surprised if I get it in July though. My biggest concern is the tire choice; Schwalbe Kojacks come in 24 x 1.5, but Marathons are 1.75.