I didn't get to ride the tikit at the demo yesterday, but did get to see it fold. It's very quick - and it does form a compact package - unlike my Friday (which requires a bag to stay in 1 piece).

There were a couple of people there that have them - and they said up to 20 miles would be OK, and that they climb really well. They also have a preference for the less expensive model (where the fold is more manual). They said the other one wasn't as secure-feeling when riding.

Hope that helps!

CA