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I remember those BITD! They came out about a year or 2 before BMX.
It was bad enough if you came down from a jump, missed the pedals, and impaled your crotch on the top tubes, but you also had to deal with the near-castration potential of that shifter. A friend of mine had the seat lowered all the way and put a really tall sissy bar on it that protected his head like a roll cage when he fell backwards onto it. Good times...
I bought a rough but running 71 MK1 Chopper for my son to do a riding restoration. He rode it once and declared it was crap and far prefers his Emmelle Slammer.
Must say, I agree.