Anyone seen this new Peugeot?

That's disappointingly conservative on the styling front, especially considering the concept bike that Peugeot put out a little while ago.
 
A friend of mine had a Merida magnesium frame where the seat stays attached a lot lower than the top tube , and the pressure (of the riders weight i guess) caused it to crack at the back of the seat tube . I am a bit wary of that design now.
 
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