This is a great deal, I bought one of these last month at full price. Just ordered a second one for my wife. Not as light as some on the market but fantastic price for a well built sturdy bike. Ideal for holidays etc...
Its now even cheaper than my first post, Down a further 3 Quid. Get it while you can, my local bike shop have it on offer at £129.99
If its of any help, I'm 5'10" and I find it perfectly ok for poodling around on. Not sure though if I'd recomend it for touring!!
It's very well built but probably a little heavy for on and off the London Tube, also isn't quite as fast to set up each time as say a Brompton.
With all that in mind, I think its just great for packing into the boot for a gentle summer ride while on your hols for going to the local village pub.
********I've added a picture of the Bike in folded mode, about ten comments down.********