I don't find it a problem (it's actually on the steering tube)... it's better for me there than behind me on the seatpost (where I put a 2nd bottle).... that photo above doesn't show the bottle installed, but I use the oversize bottles and the top of the bottle rests just under the handlebar (which also keeps it from popping out unexpectantly)... The Xootr site gallery has a pic of my bike... the cage is mounted slightly higher now then when the picture was taken.

Bruce