The Bike Gallery has a great review of the almost ready for sale Lime from Trek. I live in a city and cycle every day, so I have my eye on this one, although Trek say it's aimed at non-cyclists, not hard core commuters.
It has plenty of gadget value, but it also looks cool and comfortable. The 3 speed automatic gears are actually powered by a dynamo on the front wheel and shift up and down depending on your speed. From a riders point of view, the tilted rear post means that you get a relaxed upright riding position which many people find a lot easier. It means you can put you feet flat down when you stop too, cafe cruiser style.
That big ol' seat looks like it would keep my chances of future children safe. The storage is nice, too, but leaving an iPod in there is probably a bad idea.
Product Preview - Trek Lime [Bike Gallery via Gizmodo]
Product page [Trek] (warning: Flash)
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