Heh, there is actually one of those that has been sitting on my local CL for a while, albeit a bit higher at $165. Thought about picking it up a few times, thinking it would be an interesting trial for an overseas touring bike that could easily fit into a Nashbar-sized bike bag.

But yeah, as [MENTION=296521]Pinigis[/MENTION] mentions, it doesn't collapse that small. If I were doing that, I'd just keep a full size bike in the car (as I often did before I got a bike rack...). FWIW, there is one of those Schwinns out on MY CL too (you picked relevant options!), but if there is a constant stream of actual folding bike manufacturer options available, I'd prefer to just stick with those.