You do have to disconnect the front wheel from the bottom of the forks so it can swing back, but it is still attached to the bike when folded. Watch the folding video:
http://www.mezzobikes.com/videos/Mez...ws%20Media.wmv
I've had a look at one at my local LBS. I like the anodized frame, and overall it's much more modern looking than a Brompton.