Bike design gone wrong

I'm all for taking design to the next level. Invent a new car that doesn't use gas and looks a bit futuristic: Awesome. Electronic shifting for bikes: Even better. But sometimes messing with the design doesn't achieve the desired results.

This picture doesn't look all that bad. In fact, the design is intriguing. Generally a bike has 2 triangles in the frame design to provide strength and stability, and the rigidness needed while pedaling. For a city bike I could see how this wouldn't be necessary. The design is simple, clean, futuristic.

Now picture trying to ride it.

How could everything about the ridability be so wrong? No extension in the legs, short cranks. The pedals are behind the body which means little to no power transfer.

Why can't it be more like this... It's just awesome...

If you could design a bike, what features would you want?

[via TheDesignBlog and Tuvie]