Check it out - meet your $5600 townie!
To be fair, this looks like a nice bike, and I'm sure it would be a blast to ride around town on. But the price just makes me laugh - and I especially like that the company has the audacity to charge $750 for an Alfine hub (which retails for something like half that).
No, it doesn't beat the infamous Firefly that BSNYC mocked... at least you can mount fenders. And I'm guessing it's half the price. But it still makes me laugh.