I guess it depends where you ride ?

I can't see it's going to provide much protection against road salt, mud, sand or water.

But on a 'sunny sunday' bike it will be ideal, the only thing there is the relative costs increase on a bike that only goes out in the dry.

I'd like to see some reviews of it though, I could be way wrong in my asumptions

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Never underestimate the power of stupid people in large groups.