Not yet, but I already have a Sundeal Minivelo from Nashbar.. purchased on closeout for $139 with free shipping.
Sundeal's quality of frame build and componentry are well comparable with name brand bikes, just significantly lower price.
I think it's just introductory, until they either sell out the stock or establish a market share.
If the folding bike is similar in quality and componentry, it would serve a long time for my commute in Manhattan.
