Simplicity
durability
value
The defining characteristics of the urban fixed gear which is the chosen bike for thousands, maybe millions of hipsters.
This one cost $5,000 and isn't even a real fixed gear. Apparently the irony has been lost on all of you. It's perfect.
Seriously, aesthetically, aside from some subtle details, it looks like a lot of bikes costing thousands less. Materials wise, there's also little there to justify that kind of price. If you wanted to make some sort of artistic statement, this bike doesn't really do much.