I've looked at the Milano. Off the shelf, it has gears for a Tour de France winner. I am not a Tour de France winner. It is *very* cute looking, but I'd need to build up a lot more strength before it's an even sort of reasonable choice for me. There are several ways to give it more sensible gearing (customized rear cog, smaller chainring), but I don't love it enough or need a second bike enough to want to deal. Yet.

Also... no lights! *dreams of a generator hub on the front wheel*