Not too bad looking. My immediate comment would be no suspension = bad thing. With FWD, you really want to keep that front tire sticking to the road and suspension plays a big part in that. I'm sure that bike works just fine in most conditions, but I wouldn't be wanting to sprint up a hill with expansion cracks on a rigid FWD.
Interesting that they took the approach of fixing the front end and making the seat movable. I like that, I think. Fewer clamps and what not that add up to extra weight.
It doesn't look too bad, but I'd be reluctant to call it a CB killer.
Mark