It could be pretty good actually. One big problem with cheap bikes (sub $100) is that they're usually made from steel alloy, which rusts really badly if you leave it out there for any length of time. This solves that problem whilst reduces the price by a ridiculous account. It doesn't look like it'd go off-road and I'm skeptical about shock-absorption but $20, wow.
Any news about international availability? If this is available now I'd probably buy it right this instant.
Any news about international availability? If this is available now I'd probably buy it right this instant.