Bike Anti-Porn - When Things Go Wrong

And does it have some sort of ball joint at the top of the headtube, or does the whole massive stem and handbar sort of arc around as its turns?

If you look at how far the hands are from the steering axis, it looks no worse that holding the brake hoods on a typical drop bar set up. If the manufacturing process can be got right, composites have the potential to be no more expensive than welding tubes together - we're used to the idea of composites being expensive because they are usually optimised for stiffness and light weight without much regard for cost, but it doesn't have to be that way. As a design prototype, of course it's missing the rack and mudguards and front brake you might want on a commutenger bike, but it's already as practical as all the hipster fixie skidder bikes people are already using. Locking it up is not such a big issue, as you're expected to carry bikes like that right up to the office. As concept bikes go, it's pretty inoffensive - at least it has hubs and a sensible drive train.