Designing bikes the way we design cars

Have you seen this bike yet?
Turn signals.
Headlight.
Built-in locking mechanism.
Pedal assistance.
Automatic transmission?!

If you follow the link over to The Bike Design Project you can see it in action.

Some of the features are a bit much for me, like the motor and transmission. But I love that things that are standard in cars are built into this bike. Features like the turn signals and lock might be enough to turn some people into bike commuters.

Would you buy a bike like this?