I could not wait around to win the Fubi Titanium folding bike so I found a great substitute, the Downtube FS(Full Suspension) Folding Bike.
It has an aluminum frame, 9 speed deraillure, 20" tires and an adjustable suspension. The bike weighs in at 27lbs.
The folded size is 12" x 23.6" x 33" and fits very easily behind the pilot seat of my Sport Cub. It will not fit in the rear baggage area. It takes less than 20 seconds to fold or unfold. No tools are required.
The ride is very good for a compact bike, though I would not want to go on a fifty mile trek, mainly because of the Velo "love channel" seat. I am an experienced rider but I am not in love with this seat. That will be my first mod.
The bike retails for $749 but currently it is on sale $549, considerably less than the Fubi.