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Looks pretty rad, as many renderings do, but I’d be a little worried about the inability to turn the front wheel more than 10 degrees in either direction.
Cyclelicious » A bike demo, hill sprints, and oh my aching legs
The good is that this is a very slick and sleek looking take on a lowrider bike. The bad is the massive fail of hubless wheels. They look really cool in renderings but when you get into engineering and riding, it becomes clear why bicycles still use spoked wheels with hubs.